I have been investing in Toledo, OH since 2009 and owned 2-12 unit buildings and find they are way too hyped (read lots of guys from BP want to pay too much for them) and the reality is residents in Toledo are ultimately seeking a house with a yard and a garage so as soon as a resident improves their financial situation they move into a house.

There are DSCR lenders that do not have a seasoning period to use the new appraised value, however you will need to verify work was completed to improve the value of the property.

I've already stopped cash bleeding in all areas of my business over the past 45 days and I am freezing all improvement projects and released some existing staff.  

If nothing else I take responsibility for that and will work to improve our communication systems between our franchisees, client success and sales team that's valid.

Aunt A, sister of parent A, helped co-signed to improve the chances of getting the loan approved and made no monetary contribution.

Would like to improve cash flow on 5 SFR, thanks for help.

Until that changes, and the real estate scene improves to where deals will cash flow better, that is what we are doing with money we don't otherwise have in the stock market.All the best!

For new commercial development often times the improvement is not fully taxed for perhaps up to 10 years depending on the state and what programs they offer in that regard.

More than four months rent were lost between missed rent payments and legal fees to evict the tenant.The next tenant was much better, but had frequent complaints regarding legitimate problems: -bathroom sink hot water knob that didn't work-rat urine smell coming from the vents-water leakage from the toilet(I understand that problems occur, particularly with properties of this age, but it was surprising/disappointing considering I paid Ohio Cashflow $64.9k for a property they bought for almost half the price, then, even after having done improvements, still required frequent repairs.)3.

The basis of depreciation for Property B will be the lesser of the Fair Market Value of the property on the date it was placed in service OR the cost of the property (plus any additions and improvements -- not repairs, but substantial improvements, such as additions or renovations).