@Thomas FarrellRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

@Wesley Sherow would love to learn about your PM-co as I’m looking to buy-and-hold in Capital Region.I’d be curious to hear y’all thoughts on the Amazon/Regeneron hiring impact.

Where to spend the extra for durability and sometimes having to sacrifice aesthetics for durability, etc.Budget allocation has a big impact on ROI.

Tax StrategyWhile liquidating the brokerage account may trigger capital gains taxes, strategies like staggered withdrawals or tax-loss harvesting can help minimize the impact.

At this stage in my life, these equity plays are more impactful than holding onto a property for a couple hundred dollars of monthly cash flow.What’s your take?

But we invested several years of blood sweat and tears to get things stabilized and learn the space before we turned them over to property managers. 

Kind of the mentality of the war torn countries like Angola/DR Congo - where leadership thinks "get them conflicts going and get them blood diamonds making us rich".

It is flat out not worth the headache, impact to other members and having to find new members anyway to fill all the spots that left because you wanted to fill a single room. 

However, 2024’s holiday season was impacted by other compounding factors, making the usual seasonal dip more pronounced.2.

While we faced minor delays with contractor scheduling, strong project management minimized impact.