Similarly, if you put all Class D tenants in a Class A 4-plex, what do you think will happen?

By the way 2.5 years ago going back to GR I was hearing similar stuff about price of RE in my market being too unaffordable but statistically it was more affordable than most of the previous 60 years.  

I expect it to be similar to real estate farming.  

It’s nice to meet you all, and I’m excited to connect with more people who share similar interests!

Also, I would recommend using an agent to provide you with handpicked comps that are similar to this property in this neighborhood to justify the value.

Similarly, using unit costs from your engineer, do a SWAG of the costs for clearing, stripping topsoil and balancing the earthwork, etc.

You can inquire with local banks or community development financial institutions (CDFIs) about CIP and other similar programs.2.

Quote from @Chris Trupiano: @Chavel Diaz Jr I've had a similar experience with SmarterContact.

Similar to a 401k, part of the strategy is a tax arbitrage.It is a much better outcome to take the deduction at 37% rather than 24%.Lever 5 - % Bonus AllowedIn 2023 Bonus depreciation has been limited to 80%, and will continue to ramp down 20%/yr until it hits zero in 2027.Bonus depreciation has come and gone in the past, but the more you get, that first year payback is higher and higher.Lever 6 - % Payback RatioUltimately how much you save vs. how much you pay matters.Caveat - Talk to your CPA before you purchase a cost seg study.You need to have a way to monetize your losses through1.

That said, I’m also open to other investment opportunities (especially those within a reasonable driving distance of Austin).I’d love to connect with anyone who has strong knowledge of the Austin / regional market or experience with similar investment strategies, so feel free to reach out.