You are able to do so as a regular private citizen.

Updated bathrooms on the first and second floor.

None of my regular investor clients will buy in Mesquite for years now. 

This property isn’t in an A class neighborhood by any means and really just looking to update enough to be able to be livable.

Be competitive in what you list your property for rent for if you want to get it filled quicker (about 10% below market rent or whatever else is up for rent nearby but you still also need to make sure the unit looks good/relatively updated when comparing to the others for rent - I look at what is on Zillow. 

Regularly review your property's performance, and if the ROE dips, explore ways to extract and reinvest the equity to maintain your investment momentum. 

Learn with me, help me, will try and update this post as I go, hopefully to not the end that so many do (including myself) of falling off never actually building or buying. 

Regular smoke detector does not pick up the smoke.  

Property Update, a new property manager is in place who revamped our advertising, including new photos and has 4 leads and a pending application, all within 2 days.

Therefore if you purchase in say September, your current years tax bill will be based on the current years value which may be even lower than what you can achieve with the exemption and on investments the value will be updated according to your ATI and will not be reassessed by the county for five years as well as once it is, the increase is capped to a 15% increase in value which is not common and can be appealed which is less often than many other states.Yes, the effective tax rate comes out to a difference of say 0.5% on personal residence to 3.0% on investments, but I would say handling it the right way up front and budgeting for it in your analysis is better than risking it another way.