This clarity upfront helps set aligned expectations and creates a smooth start to the renovation process.

I like the 1% rule it's a conservative approach to underwriting and aligns with my risk mitigation techniques.

They are highly motivated to produce profit, and our interests are fully aligned.

By acting quickly and aligning efforts with Debra’s expertise, we achieved success with minimal challenges, showcasing the power of collaboration and decisive action.

- At a high level often people set goals that don’t align with their overall life goals.

If your leasing application process is thorough and well thought out, and if your lease agreement has been well drafted by your local attorney and if it includes clauses that permit you/your property manager enough latitude to maneuver and anticipate undesirable tenant behaviors, both actions and inactions, and you have operational processes which align with enforcement of your lease, then you've done all you can do to reduce this inherent risk of an undesirable tenant.  

There are some buyers that are just a complete terror during warranty periods with expectations that are not at all aligned with the purpose of a builder warranty.

The ROI is attractive at 16%, but ensure ARV aligns with recent comps given market trends. 

However, it's important to note that Section 179 deductions typically apply to tangible personal property used for trade or business, which may not directly align with rental property activities reported on Schedule E.

Running a detailed cost analysis for both options will help clarify which aligns better with your goals.