Meaning, when it came time to actually sell the property, (for tax purposes) the cost basis of the property was reduced by the full depreciation amount, reducing the amount of capital loss (which could be used to offset more profitable investment).5) The real estate agent that "helped" me sell the property wasn't helpful or easy to deal with.

So after 7 days listing with no app's, you can effect a "SALE price" of reducing $100.     

Personally, I'd go with 2 bedrooms, but post the ability to lock 1 bedroom at a reduced rent for 1 bedroom rental.

But by only reducing $120 monthly, I would be adding about 150 months to the loan term.A 6.5% would only make a small increase of lowering payment by $220.

The more you spend up front on renovation will help you to reduce your expenses later. 

***one investor said her line was reduced in Nov22 ***Red Canoe Credit Union, WA ORRegionsRenofi Purposed for ADU financingRiver Bank & Trust, ALRivermark Credit Union, OR 90% LTVSavannah Bank in NY, call it commercial LOC, up to 75% LTV.SCCU Florida 80% LTV, 2.75% first year promo, not LLC SECU NC 65% LTV rate 2.75% Oct 2021***Signature Federal Credit Union 80% LTV to 100% LTV (100% on primary residence).

I just need to significantly reduce the net loss each month. 

Please keep in mind that we do not want recommendations for strategies involving financing, as we want to get some core holdings that produce immediate cash flow and not have that NOI reduced by loans at current rates in light of the current cap rates.Also, just FYI, we are in California and no way to get around that residency in time to reduce state taxes.

1) Capital improvement can be added to to original cost basis thus would reduce your tax paid on capital gain had you decide to sell it later.

Here are a few ways technology is revolutionizing the real estate sector:Virtual Reality (VR) and Augmented Reality (AR): VR and AR technologies allow potential buyers to tour properties remotely, providing a realistic sense of the space without the need for physical visits.Blockchain and Real Estate Transactions: Blockchain technology offers a secure, transparent way to conduct real estate transactions, reducing fraud and speeding up the process.Property Management Software: Modern property management solutions automate many aspects of property management, from tenant screening to rent collection, making it easier and more efficient to manage rental properties.Embracing Sustainability in Real EstateSustainability is no longer just a buzzword; it's a critical consideration for the real estate sector.