Like Jay said, often, new construction does not go as planned.

Could be too late to form the more complex plans for 2024, so plan for 2025.Start an HSA plan.

I am acquiring a distressed property that I am planning to rent long term. 

But I plan to go there to see and know the city in general and different neighborhoods in particular.

Usually retail on the ground floor and residential up top.

With the right team and planning, it’s a great way to start small, build up cash, and scale up from there.Remember: Start where you are, use what you have, and grow as you learn.

I’ve lived amongst the roommates, as well as in separate places like the basement or having a third floor solely for myself.

Even really skilled operators are left with no back up plan because they can't pivot to LTR in that market, can´t fetch the price they paid because the STR has lost some steam and was bought using nightly rate numbers etc.

By exploring options for cost-effective utility usage, such as installing low-flow fixtures and implementing irrigation systems, we can significantly save on water expenses.To keep things running like a well-oiled machine, you’ve got to have a rock-solid asset management plan.

So from my experience, I’m planning on keeping all the houses that I’ve had a lot of cap ex on.