Purchase price: $1,730,000 Cash invested: $560,00014,000 SF 11-unit mix-use building consisting of 2 retail spaces and (9) second floor apartment units.

It will end up costing you unless you're already a skilled contractor type individual.Get to know your neighbors that maybe around your property, especially if you're in a HOA situation where there's a mix of STRs and residential properties.

I concur with everyone, best to check for medical emergency first in this case, after that's been established as NOT the case, definitely time to get yourself into the mix and remove that manager asap. 

Any reason why we’re mixing RE holdings and S-Corporations?

I think waiting a little longer to build up those capital reserves makes sense, especially if rates aren't going to come down much in 2024 (presumably.)My two cents -- If you are looking for SFR, I'd say 3-4 beds, 1300-2000sq ft is the sweet spot for LTR. 

Money and emotions don't mix well.If you own quality assets then you can just let them run at break-even, reinvest the cash flow into repairs and improvements and let time do its magic.

Keeping thorough records of all expenses is essential for tax and compliance purposes.To make it easy, I recommend just keeping everything on the one account and avoid mixing in other accounts.  

It's all about finding that sweet spot where you both feel valued and fairly treated.Remember, transparency and being upfront about what you value in their help can really set the tone for a great negotiation.

Lots of nuances enter in, and details matter, but yours at $1799.00 is most likely in the sweet spot and should see success if everything is positioned correctly. 

West Seattle mixes residential properties, whereas Columbia City boasts old houses as well as multi-unit houses for sale at renovating prices.