What would one of you suggest for a medium term operator whose tenants may be over using a specific utility like gas or electric.

The fix-up and increased value will not matter to the IRS as long as you sell within a reasonable time frame of the house passing into the estate.

I’d love to hear your thoughts on strategies to achieve breakeven or positive cash flow in the long term.

Balloon terms 3/5/7 years. 

They did reach out and wanted a second builders deposit 3 days before xmas, 2023,  and that was the first real contact I had with them over that year long time period. 

However, after accounting for long-term capital gains tax and other expenses, you would be left with $150k which is important to budget and account for.

The podcast about the books was only 16 minutes long and there was a list of the books in the notes if you’d prefer to skip the description of each book and go that route.

@Tony Maldonado boilers are great as they last a long time, but not so great when it comes to servicing & replacing them (expensive!).

I am looking to refinance in the near term either when rates drop to the 6.5% range into a conventional 30 year mortgage or as quickly as I am able into a first lien HELOC to be able to park paychecks into the mortgage and save a significant amount on interest or so it seems.

Long term interest rates should continue to increase.