Continuously learn and grow in real estate investing by staying informed about market trends, networking with other investors, and adjusting your strategy as needed.Best of luck on your real estate investing journey, Dana!

This allows you to adjust your budget as you go, based on actual costs incurred in earlier stages.Given the specifics of the property and the ARV, your $60k estimate might be in the ballpark, but it's essential to validate this with as much local input and professional advice as you can gather.

Yes, if you change your single-family home from Short-Term Rental to Long-Term Rental in the second year of ownership, you would need to adjust the depreciation schedule for tax purposes.Recall for residential rental properties, the IRS allows a depreciation period of 27.5 years under the Modified Accelerated Cost Recovery System (MACRS).

Can someone with a lot of experience in TDs and stock-index ETFs compare these two investments in terms of risk-adjusted returns?  

To increase the profit margin you may also want to consider hiring out some of the work to speed up the time it takes you to complete the project.

Cash-Out Refinances(B) Maximum Mortgage Amounts(1) Standard(a) Maximum Loan-to-ValueThe maximum LTV is 80 percent of the Adjusted Value.

If you have 3 properties you own for cash, that cash flow is good so I would think about the HELOC because that will adjust the overall cash flow of the units and add another liability.

It makes our business stronger when we listen and adjust to what the audience is telling us.  

If speed is of the essence you could offer 100% security deposit return if they’re out 30 days faster than required.

The adjusted returns will probably be better and you won’t have to listen to tenants.