This does not mean actively acquiring but rather considering valuation, market demand and rents, and potential ROI. 

To reduce FICA liability, consider maximizing profit-sharing contributions instead of excessive salary deferrals.

As I transition the property to a duplex + 2 ADUs, I am considering spending $10K+ to get another master meter put in.

Again, to set expectations for the people I work directly with.

If you have large debt with a high interest rate, I would consider paying that off before getting started investing in real estate. 

This means the buyer cannot write it off immediately but may recover the cost through depreciation over time.To maximize tax deferral, sellers should consider negotiating a price reduction instead of a repair credit to avoid potential taxable boot (excess cash retained).

I believe they're almost 8% with that program currently but if it provides an entry point, you should consider it!  

One thing to note- the building is older (built in 1922), is considered in a historical district, and although each unit has been fully renovated, I have not upgraded all the electrical/roof and plumbing, so that's on the older side which I know is more challenging to get insured... 

You can finish it and consider it sq footage, but may not be able to adverise as bedrooms.

There's currently a website set up to get information from customers that have had this contract "sleight of hand" done to them.