Typically, this gets the subs moving at a much faster pace, as who doesn't want that Friday payday check!!!

From a tax perspective if i am a passive investor how do i stand to gain from deprciation?

Typically, if they can make it work as an STR they go that route because it almost always generates the most revenue.

Here is a list of what adding ADUs in my CA market is typically a poor RE investment:1) The value added by the ADU addition is often significantly less than the cost of adding the ADU.

Since tax bills are for entire parcels (typically, though not always) then it is highly unlikely that they somehow segregated the taxes for that small portion and paid it.

By being physically present, you can gain valuable insights into the property's operations, interact with residents, and assess the team's performance.

@Adam OrtizRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Biggest gains are if you do it out of your IRAs.

Guys - I am a limited partner & invest in a multi-family building passively that was sold resulting in passive gains for 2024.

But I want to understand:How quickly do rental units typically get leased?