Despite being assured that there would be significant tax savings on my 2023 taxes, there were no cost savings or advantages to having paid $5,000 for strategy in that tax year.

Some investors thrive in these situations, while others prefer clearer paths to ROI.Before proceeding, consult with a real estate attorney and conduct a title search to uncover any surprises.

I always preferred the web/desktop version anyhow, but the app was convenient for conversations!

@Michael Almand, for a full line-by-line breakdown and scope of work, my preferred contractor will charge about $250 to walk the property but will credit it back if he and his team are given the job.

I've always been about building something of high quality that is sustainable and like you said I think I'd prefer a little less cash flow in an A class neighborhood.

Due to our love of traveling and hating the negatives that LTR brings along, we prefer STR and offering the same memorable experiences to travelers that we have experienced when traveling.

It’s important to ensure you’re comfortable with these risks and consult a financial advisor.If you choose to use a HELOC, consider traditional financing or private loans as alternatives if you prefer not to risk your home.As for your first rental, markets in the Midwest and Southeast offer great opportunities with turnkey properties that are tenant-ready and appreciating.

If I were in their shoes, I would prefer you pay me directly for control the money used for care and other expenses.

Are you a hands-on type that can make improvements to a home or prefer to contract out work?

All of them but one that paid a preferred return stopped paying distributions, despite the underlying properties doing OK (some collections dropped a little, but not much).