Since the home health is provided by a third party, the community does not need to be licensed as a care facility, so costs related to regulatory compliance with inspections and staffing are facilities are not added to the cost of care.

I saw someone post in a group who I think is a schmuck brag about hitting a specific figure for their training and I just shook my head - like wow - this person is a great sales person and just steals the same lines from the business book about working hard and throwing out some slick slogans - but man oh man - when real estate gets hard people move to being a guru - just look at FB ads right now - many are not funds anymore but how to raise money, how to do X.

Adding livable space or smart home features can significantly boost home value.

The plant has added no value to the area during this time but rather has served as wasted space and an eyesore for residents.

Keep an eye on the STR regulations, and as you progress, consider diversifying your portfolio with other asset classes like commercial or single-family rentals for added stability.

We added two firepits, multiple lounge areas, barbeque and eating area, stargazing chairs, yoga mats, games, large screen TV for movie nights, music and more.

However, it can come with extra costs for setup, maintenance, and potentially higher interest rates on loans.

That is quite the added cost!

Also <most times> adding a extra bedroom but not adding sq ft doesn’t help much on ARV specially currently being under 1,500sq ft.

@Mike Sfera, a few things about putting EXTRA money down on a property:1.