Newer septic rules also require enough land for two septic tanks per each one you are required to install.

Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

Acid washing when required is $500.

Has a garden, Parking, and hits the requirements to be able to get it licenced as Local Accommodation.  

@Brady Bitter these funds have margin requirements. 

If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.

These are high quality properties that require very little or no deferred maintenance for the Buyers.  

We only require a soft credit check as well. 

If you are passive in those rentals (not real estate professional for tax purposes which requires 750 hours of real estate), and your Modified Adjusted gross income is over $150,000, then the cost seg is not actually going to save you any taxes. 

He is 69 and does not want to reinvest (1031 exchange), which leaves me having to make a much larger investment on my own to meet the 1031 requirements which is more than I’m willing to do at this time.