Going DIY and self-managing this type of asset from another state may not be an easy task for such a building and neighborhood, it needs more attention (and probably capital).Try an unconventional approach.

I will gladly assign you some remedial tasks associated with my projects and for your efforts and generosity I will assign you Co-GP title and send you out into the world to misrepresent your capabilities and track record to raise capital from others.

By reimagining layouts, we improve functionality while enhancing the overall aesthetic.

This tenant-friendly approach can enhance the landlord-tenant relationship and encourage longer tenancies.Drawbacks to ConsiderLike any financial tool, surety bonds come with potential downsides:Non-Refundable Fee: Tenants pay a non-refundable fee to purchase the bond, which may not appeal to all renters.Limited Coverage: Surety bonds only cover a specified amount, which may be less than the cost of severe damages or significant unpaid rent.Claims Process: While the process is generally straightforward, landlords still need to provide documentation and proof to the surety company, which could take time.How to Get Started with Surety BondsResearch Surety Providers: Look for reputable companies that offer tenant surety bonds.

We added value by investing $45,000 in well-planned renovations, modernizing key areas, enhancing curb appeal, and ensuring market-ready quality.

Meeting the material participation hours is absolutely doable, even with a property manager, as long as you stay actively involved in key tasks like marketing, bookings, and bookkeeping.

Here’s how using a Self-Directed IRA (SDIRA) to invest in real estate enhances these benefits, especially for those looking to diversify their retirement portfolio: Tax-Advantaged Growth: Real estate investments inside a self-directed account grow tax-deferred (traditional SDIRA) or tax-free (Roth SDIRA), meaning rental income, appreciation, and even gains from selling the property stay shielded from taxes until withdrawal—or forever in the case of a Roth!

Sometimes I had to beg for extensions because I couldn't finish tasks on time.

People who have service dogs (or horses, as these are the only 2 service animals) that are genuine have no issue disclosing that on the front end and can answer the 2 questions easily - is the animal necessary for a disability, and what specific tasks has the dog (or horse, if you're getting one of those) been trained to perform? 

A tenant now enjoys these enhancements at $1400/month, showcasing the property’s increased value.