Cityplace charges flat fee of $60/m for LTR.

The property owner's tax professional can help them with that and ensure they don't pay taxes twice on the same income.Disclaimer: My advice/opinion in this post is just that, my opinion.

This allows you to use all of the tax and deferred depreciation recapture to purchase the larger MF propertyA consolidation exchange is where you sell multiple investment properties to purchase a larger and nicer investment property, but you also get the benefit of using all of the tax you would have had to pay to your advantage.

One month of vacancy will cost you $2,600 + $200 utilities.

I've done a lot of value add as well so that helped speed up the process.

Make sure the tenants are paying market rent or above, otherwise your loan will be DSCR constrained.

However, chances of making a mistake or overlooking an opportunity to save are higher when it comes to rentals.The dilemma is whether it's worth paying a professional in this case.

You say that you are investing out of state.

There is a great group of members on here to connect with.

It does sound to me that a lot of that work should have come out of the tenants security deposit