The tax increase was 14.75%The 2023 tax without the special assessment was $4,054.04The 2024 tax without the special assessment was $4,274.83Here's the breakdown from the County's website:Values established by the assessor as of January 2, 2023Estimated market value:$334,000Taxable market value:$326,820Total improvement amount: Total net tax:$4,274.83 Total special assessments:$8,137.29Special assessment details:010272316GST IMPRV RESURFACING$247.350109602023VACANT BUILDING REG$7,703.710125121T052021 TREE REMOVAL-5$186.23

It's typical practice to look at out-of-state (OOS) marketplaces in order to improve cash flow, particularly in high-cost cities like New York.

Look for the up and coming areas where the city is improving sidewalks new development etc. 

Maybe there are a few things we can see that you could improve.

I also funded renovation of both throughout this transaction and significantly improved the property/raised the rent to market.

.$20k-$50k is a good amount to fund 2-3x improvements for people looking to sell with clear improvement scopes of work with trustworthy contractors on 2nds up to 60% LTV.These are harder to find, especially with fewer people selling, but I suppose a network of agents,  title cos and lenders would help source opportunities in this space. 

My loan amount is $138,600, with a holdback of around $24k, to be disbursed in percentages as I make the improvements as per the scope of work I submitted to them.

@Muriel Brisson-Jackson, remember, 401k's/QRP's are subject to the same UBIT rules as IRA's, with a very relevant exception: IRA's that borrow to acquire or improve real estate pay UBIT, while a 401k would not. 

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TBS, I’d need to get a loan for some improvements.