These enhancements significantly increase the property’s functionality, appeal, and income potential, making it a cornerstone of my portfolio.

These enhancements significantly increase the property’s functionality, appeal, and income potential, making it a cornerstone of my portfolio.

More bank accounts will require more accounts to be connected to your accounting software.I personally don't like to have a checking account and savings account for each property(If you have 10 properties, that means 10 checking accounts, 10 savings accounts, 10 account numbers to remember, 10 checkbooks, 10 debit cards, etc)However, it will make using the class function easier when you do your books.Best of luck.

I would say your best bets is a gym as a tenant amenity or a community room that tenants can rent for family functions, parties, etc. 

That you state in your finder's fee contract with the owner that your sole function is Only introducing the buyer or investor to him/her.

You only roll over the 2mm, take a 500k cash out and then claim the 500k sec 121 exemption.You can think of it like taking the 500k off the top, then the remainder functions as a normal 1031 exchange would.

I started by going through the posts here using the search function and then trying to connect with the realtors and investors and whole salers and lenders specific to the city I am interested in!!

We can teach them how to live in a house the right way and help them with the bumpy road of turning into a functioning member of society. 😆  That's right Dave, lots of good life lessons for everybody!

We manage several 'hybrid' properties in Indianapolis, where many function as STRs for the majority of the year and shift to MTRs during the winter months.

Additionally, there was still a fully functioning bathroom during that time.