I bought a 90 lot subdivision with a person that uses Cody's business model and I paid him 125k  at close for him bringing me the deal basically pre approved then we put up the 6 million in cash to buy it LOL. ..

Pre-covid time were different, there was less competition so the occupancy was high for sure.

So your vision of things, is via a lens you pre-selected to see things in, an "evil" intention vs one where they are trying to avoid the size a universal increase would require, the burden upon everyone, and seeking how to achieve same ends but in a more fair and balanced approach. 

We took lots of the thoughts and ideas at the time to heart and incorporated them as best we could. 

Generally anything that goes into the cost of renovationg the property pre-lease up goes to the basis and is not deductible. 

Account Closed- thanks ...you should get pre approved for a hypotehtical purchase scenario for an investment property so that you can  1) educate yourself 2) get organized  3) determine if you are able to qualify 

From there, we'd look into repeating the process with other multi-family or single-family units.A bit about us: I work in corporate marketing, and my husband works in corporate accounting.

In contrast, single-family inventory has surpassed pre-pandemic levels, offering better deals in the SFR market right now.

I saw many pre approved ADU partner cost over $250k plus site prep for 500sqft deatched ADU.

Essentially, the cap rate is the proportion of Net Operating Income (NOI) to the property's value or selling price:Cap Rate = Net Operating Income (NOI)/Property ValueThis ratio offers a direct method to evaluate the yield a property generates in relation to its cost.For advanced real estate investors, integrating additional factors might prove beneficial:Vacancy rate: The duration the property remains vacant.Operating expenses percentage: Includes insurance, utilities, and maintenance costs (excludes mortgage payments, depreciation, or income taxes).The adjusted formula for net income, incorporating these considerations, is:Net Income=(100 − Operating Expenses %) ×(100 − Vacancy Rate %) × Gross Income