It is much safer to assume the seller has been cutting back on expenses to boost NOI prior to the sale."

Here's why:Resale Value Boost: Even if your buyers don’t have kids, properties near good schools tend to attract more buyers overall.

In NYC, there's what is called a Letter of No Harassment which must be on record from tenants since often the owner wants to kick out inhabitants to renovate and boost rent and their profit.

But that would allow you keep the appreciation if it's great, and buy a smaller property to boost cash flow.If you don't like the property (because of risk, potential future events, etc) then sell it and while you're getting ready to 1031 it, use the IRR calculation to compare cashflow locations with appreciation locations (the IRR factors in both).

Now that you have a signed lease (assuming it's 12mo+) you can use that income on your taxes to help boost income to better qualify for a multi-unit.

Fixing CostsIf the property needs fixing, it could offer even more potential for increasing rents and boosting your COC over time.

Long-term Investment Value: Over time, demand for properties with more amenities (like the extra half bath) could increase, which may help you achieve better returns, even if the immediate ARV bump is minimal.Overall, it may not drastically change the ARV, but for rental purposes, it could enhance the property's desirability and boost cash flow.

Staying informed on local laws and market trends is essential.So while that 5-star rating helps boost credibility, it’s just one piece of the puzzle.

.- Quality of Life: Milwaukee boasts a vibrant cultural scene, great parks, and access to Lake Michigan, making it an attractive place to live, which can boost property values.- University Presence: With several universities in the area, there’s a steady influx of students, contributing to demand for rental properties.- Tax Incentives: Wisconsin offers various tax incentives for real estate investors, which can improve the overall return on investment.Overall, Milwaukee presents a mix of affordability, growth potential, and a strong rental market, making it an appealing choice for real estate investment.

If cuts don’t boost the economy enough, we might see shorter-dated Treasuries rallying more.