Adding Square FootageIncreasing the usable living space of a home, such as by finishing a basement, converting an attic, or adding extensions, can dramatically raise the ARV.

The BRRRR strategy is doable for a newer investor, but it requires a lot of effort, consistency, and hands-on involvement—it's not exactly a passive way to invest.Whichever route you choose, if you're taking on the bulk of the work to analyze deals and select the best ones, it’s important to ensure your partnership reflects the time and energy you’re putting in.

Once you have selected this market, begin doing researching on the current regulations as well as the political climate regarding STRs in that market and whether or not there are any upcoming proposals on the market docket that may shift or change the current regulations.

That additional review layer definitely can add value in oversight and deal selection.

It is crucial that you select a company that provides a “quality” cost segregation study as determined by the IRS.

I am researching a project and doing an extensive property visit next month on a project that yields well over six figure in revenue. 

Keep in mind, I do my homework extensively on the properties I am trying to buy at auction.

We tried to get an extension so that we could get an inspector to scope the pipes but the seller wouldn’t grant that extension.

While the power can't be selectively turned off, it’s really about active management and oversight once the utilities are in the PM's name.

I would say though it could be an extension of your brokerage too.