It is also my understanding that this would result in large tax returns (from depreciation offsetting my other active income) that I could use to continue to expand my portfolio. 

Of course this would be harsh on the current owner, but this process is bad enough that it discourages participation which would result in lower prices (if there were not inside buyers).BTW drones are handy on virtually all properties. 

If you plan to scale at all, that will result in an excessive number of accounts and cards to keep track of.

Depreciation typically results in a tax loss.

Dallas has similar rents to Fort Worth, but prices are much much higher, resulting in a lower cashflow. 

In Charleston SC I finally after two years was able to land an infill lot and we go vertical in december But there is just NO inventory there so I am not worried at all about selling that one..

If there is currently ceramic on the exiting floor, either remove it or scuff it up with a grinder to provide some 'tooth' for the compound to adhere to.These steps take a bit more effort, but the end result will look better and last WAY longer.Good luck!

Well I moved to Oregon last year and just started networking with a few Realtors in the area learning which Counties are developing and looking for mixed use and small multifam opportunities.I'll be listing a ranchette in Santa Maria, CA in Jan 2025 before I make my final exit from CA!

@Heidi Fahringer wasted time doing several calls and then a meeting with a CPA and then got shocked with their proposed fee.After even more wasted time trying to find out from them why the fee was 10x what I had been paying - a lightbulb in my head finally lit up and I asked the revealing question and found they had a minimum charge.Obviously, we were not a fit.

The litigants finally settled for $1 million which is still a pretty good payday.