I would like to maximize the ARV by adding 500 square foot of living space in the basement.

I have many out of market/state/country investor clients (and I also do out-of-state investing for my own portfolio) who self-manage their properties which is the best way to maximize cash flow and retain control of your investment.

Looking for advice on how to maximize tax benefits on an upcoming conversion of my primary home to a long term rental (temporarily).

I actively reduce my income from my RE investments (others seek cash flow, I increase leverage to create cash and reduce cash flow with mindset that leverage will maximize ROI).  

From deductions for mortgage interest to depreciation benefits, there are numerous ways to minimize your tax liability and maximize your returns.

But can seem to get to real investors, that I can meet, shake hands talk about past, future, present & then discuss three properties I've prepared for making offers on,  just need the partner & I to look at the deals for an agreed strategy to maximize profits. 

HI Erias,You can always start off by house hacking meaning you live in one UNIT or ROOM and renting out the other vacant units/rooms to offset your monthly mortgage payment.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.

Since you have good income, you should try to maximize equity build rather than cash flow (which you will pay taxes on if you take out of the property to pay yourselves).

As for the cheaper markets, I would look to do mid term rentals in the Rust Belt near hospitals like the Cleveland clinic to maximize the income to help mitigate the downsides and unexpected expenses associated with those markets.

Even if you move out, you can still cashflow +As for single family or multifamily, you can always start off by house hacking meaning you live in one UNIT or ROOM and renting out the other vacant units/rooms to offset your monthly mortgage payment.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.