A capital expenditure typically either increases the value of an existing asset or adds an entirely new asset.

The cash flow is good given I am on a very low interest rate besides I am a DIY live in landlord currently .PITI is a little less than 4k while I make a rent of 5k while living for free and there is lot more room to increase rent.

It is brand new build, so no room to increase value outside normal appreciation.

Yes, in recent memory, aside from the sub prime mortgage crises which caused prices to drop, over time housing prices in New York City has increased substantially. 

It has worked out well for me and I like not having to pay taxes on the gains which helps me increase the amount I'm able to lend next time if needed.

So our cash flow was reducing during our hold due to poor ADR increase and large insurance and prop tax increases.  

Yes if the cost is merely $7k, you will be able to re-capture that cost within 1 year and most importantly, increase the value of the home. - What measures can landlords take to ensure protection while renting, and what steps should be considered prior to seeking a tenant? 

Affordable Housing Focus: Expanding programs to increase housing availability, particularly targeting urban rental affordability2.

The population is growing, there's tons of development opportunities, and a nice mix of industries - tech, healthcare, manufacturing, etc.

., Mexico, Costa Rica) for diverse, stable cash flow.Invest in Multi-Family Value-Adds: Consider multi-family properties in growth areas like Texas or Florida where rehab can increase rental income and appreciation.Leverage Trusted International Partners: For global investments, work with local agents familiar with foreign buyer regulations to streamline acquisitions.Use Property Management for Scalability: As you grow, property managers can handle logistics, especially for out-of-state or international assets, so you can focus on new opportunities.For specific market insights or connections, feel free to reach out, I’d be happy to help.Best,Drago