It sounds like you want cash flow and to scale, in this time and most markets you need to find a deal where you can add value. 

I appreciate that, and you're right, any back-of-the-envelope calculation suggests that much of the wealth comes from the equity accumulation, even in the earlier stages of the amortization schedule.

Quote from @Bruce Woodruff: @Nathan Gesner Sounds like you've been there, done that, Lol..... 

It sounds like a big misunderstanding and I guess the learning lesson is for you to always to get an invoice from anyone doing work.  

That all sounds good and I'll take a look into that market.

Does that sound right?

Please let me know what is convenient for you, and we can set up some time to meet.Aloha,Barb That sounds great, Barb.

Sounds like you put in a ton of work to maximize the value, and that basement addition was a smart move.I noticed you mentioned the NYC luxury tax and some of the rental pricing challenges—have you considered expanding your portfolio in markets where you don’t have to deal with those kinds of headaches?

I have 3 MTRs in the same neighborhood as you it sounds like.

Sounds like you’re in a good spot to keep growing!