So I offered to pay for the flight, if they returned a clean and empty house.

Are you offering any special programs, incentives, or advice to help them close out the year successfully? 

The key is to have clarity on what each offer and then decide what’s best for you.

There are a lot of options with a 6 unit building, and I agree without more details that it will be hard to offer any specific advice. 

With a 40% expense ratio, the DSCR is approximately 1.21Hindsight Critique•Continue to build relationships to increase deal flow•Property manager (Mercer Hughes) is critical to completing renovations and quick tenant placement•Continue to build relationships with private lenders and personal investors•Have cash available to make quick competitive offers

Be sure to fill out your profile as many of us use it to try to offer better assistance.Happy Holidays!

Many cost segregation study professionals will offer you a free quote on the cost of the cost seg study specific to your property as well as the potential tax savings.HOW LONG DOES A COST SEGREGATION STUDY TAKE?

I appreciate the insight that you and John offered regarding the lack of value in the business itself and strictly the land + improvements.

However, exploring out of state markets could offer stronger cash flow upfront, so it’s worth evaluating both paths.A piece of advice would be to focus on building your core 4  team: agent, lender, contractor, and property manager.

It may be time to refresh the photos in your advertisement and offer a move in special with a reduced first month rent.