You could absolutely save the money and over time, learn everything I learned by listening to podcasts, reading books and watching youtube videos (except having the regular check ins with a mentor).

.- Bigger area rug. 9x12 for King, 8x10 for QueenBedroom 2- Change location of TV to across the bedBedroom 3- This bedroom needs an optimized layout-If it’ll fit, scrap the bunk bed and do 2 twin beds along window wall with a table in betweenBathroom 1 & 2- Wall mounted blow dryer- Wall mounted body wash. shampoo, conditioner dispenserPatio- Scrap mini golf for fire pit seating for 6- Install canopy shade- Better design for photo-op wallOverall, great property, great location.

At the same time depreciation recapture is taxed at regular tax rates, not capital gain rate.

You are tagging and categorizing the CapEx items correctly or are they going to "regular" operational expense?

@Matt J. and I get together regularly to talk about real estate.

I then found 3 properties from wholesalers in areas that I invest in regularly and purchased the properties with a hard money loan.

Are they a regular, full-service PM? 

No coaching program, called multifamily brokers in my areas, have a regular job, and have 3rd party PM.

Look at your competitors then adjust regularly.  

@Jonathan Bombaci recommend using that amount as a bargaining chip for lower rates.80% of evictions are wash, rinse, repeat.