Direct Control: Managing the project yourself gives you direct control over every aspect, from selecting materials to scheduling subcontractors, ensuring that your vision is accurately 3.Learning Experience: Taking on the role of a GC can be a valuable learning experience, providing insight into the construction process and improving your skills for future projects.4.

Looking for some feedback on an idea I’ve been considering.  I have an older single level 8-plex on .75 acres near downtown phoenix.  The existing buildings only occupy the front portion of the lot, leaving about .4 a...

They also allow improvements (with documented evidence) to the property to be backed off the sales price for basis.If you do not need the money and don't mind the cash flow, consider owner finance and carry it out for years.  

I would rather pull them myself as I believe it would best improve my knowledge of the area.

That's often a big area to improve heat efficiency.

Now I'm left wondering whether it's best to lower the price to get the property off my hands asap or to make some costly improvements that will probably neutralize any increase in value.

My questions here would be around the anticipated appreciation and any potential for improvements - either forcing appreciation or increasing rents.

I am still doing the same work but set up the LT and LLC to provide improved asset protection but obviously want to structure my business so that I have both asset protection while maximizing tax benefits that i can.To be fair to my CPA he didn’t say this would be an issue, he is in the process of doing research to verify the impact of the organizational structure changes and I was looking to educate myself in parallel obviously hoping my research and my CPA’s landed in the same place.

So,  I recommend you invest time in learning the process on your first property while improving your cash flow at the same time. 

Worded differently, the money saved in energy bills because of an improvement, must add up to the same are greater amount than the cost of making the improvement.