I bought 4 new constructions in brandon and pearl and while they performed fine .. they never really went up in value over 14 years of owning them..  

@Varun Hegde - This is a good topic.Often a title policy is issued to "XYZ Entity or Individual(s) and/or it's assigns" – however unless the title company handling my closing can perform a date down from when the existing title policy is ordered and issue an update in my name, I purchase a new policy at closing and factor the cost into my offer price. 

I prefer someone holding the CRE designation to perform the study, although MAI designees are usually also qualified.  

It's about creating spaces that people love, enhancing guest satisfaction, and ultimately boosting our clients' investment returns.I look forward to sharing insights, learning from your experiences, and hopefully helping many of you thrive in your own STR ventures.

Running a self-service car wash may not take much in the way of experience but as noted above, there are a number of maintenance/supply issues, etc.I would also strongly recommend getting tax return information for historical performance.

You need representation that has a lot of experience to avoid common issues like early terminations, performance of that location for tenant, etc..Rule #1 is make sure you are happy with market rents for the building (not what current tenant is paying).

Paid market value however the property is under performing.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

I previously relied on 3rd party GC's building quite a few single family to 4 unit buildings throughout Philadelphia and eventually transitioned to self performing.

This can have a very beneficial impact as personal property typically has a much shorter useful life for depreciation purposes than real property.For example, if you are getting a cost segregation study performed on a commercial office building, there will most likely be assets that have been classified as part of the building but are able to be reclassified to real property and depreciation over a shorter useful life such as 5,7 or 15 years rather than 39 years.