@Raymond Morris what are the projected rents per unit and what’s your estimated total costs after repairs/upgrades?

I will do the amp test when we start drawing closer to anything like our full power amount, and if we don't have enough, we'll upgrade to 200 amp service.

Just wondering if any one has had experienced before :I just a notice from city of oakland, RAP stating that my ex-tenant filed a petition for reduce of services, for a broken and damaged fence, hole under the kitchen sink and window handlebar broken.

@Dan Oxman as far as where in the code it says only capital gains are allowed:The benefits OZ's of sub section Z (1400Z-2) are spelled out under the 1400Z-2 heading "Special Rules for Capital Gains Invested IN Opportunity Zones" - this means that the OZ benefits ONLY apply to OZ investments funded with capital gains.Under 1400Z-2(e)(1) it spells out that any investment that consists of only a portion of gains will be broken out into two separate investments, with only the capital gain portion giving rise to any tax benefits.

I just purchased 2 investment property, one for 65K with tenant paying 1275 mthly, another (vacant)for 42K needs minor rehab work and should rent out for abt 1000 -1300 a mth depending on the upgrade.

James..Mechanicals, heating, cooling, septic or sewer, water source and piping, electrical and upgrades and roofing for a few.

Depending on the quality of the property, location, and tenant history I would consider upgrading to ceramic tile.

Building ordnance or law coverage is for when a loss occurs and current codes require upgrades to be done.

In this case, you can usually get a senior loan to 65% and mezzanine to 85% or more.There are also structured options available, which gives you single high leverage loan, and the pieces are broken up (syndicated) on the lender side.

The main highway through town also just got upgraded to I-14 awhile back.