I am trying to balance my overall portfolio and would like some advice on how people would balance this if they were in my shoes to in order to reduce risk and increase overall gains.I currently have 2 rental properties and 1 primary residence as well as cash and brokerage funds.My main questions I’m looking for thoughts on are…- What percentage would you keep in reserves?

I was going to hold the home long term but now the increase would basically eat away at any of my cash flowDoes it still cash flow?

You need to know someone in the L&I office or in politics who has some influence to keep your project moving.

The sewer issue has existed for 50 years but with increased population it keeps getting worse.  

If you do the work before the property becomes a rental, it won’t be deductible but can increase your cost basis for capital gains tax.

@Farzan SetayeshNot a local investor, but here is a data driven look at the market conditions in McAllen TexasTwo of the most important market performance indicators, population and median home values, have been increasing steadily for the past decade   Rents have followed a similar trend The chart to the right shows median household incomes over time, which have also been increasing. 

These standards include a mandatory five-day grace period for rent payments, a 30-day notice for rent increases, and a 30-day notice for lease expirations.Borrowers must incorporate these standards within six months of closing a loan, and full compliance is required within 24 months.

I aim to apply for FHA loan with a down payment of around 5%My Information:Age: 29MSalary: Around $85k (Anticipated increase to around $100k in December 2024)Debt: No DebtVehicle: Not currently owned (plan to purchase after home closing)Savings: $50,000I currently live in Northern Virginia and am ready to buy a townhouse there as a first-time homebuyer.

The overall real estate market in Onondaga County appears robust, with increasing property values and a preference for multi-family housing.

It offers flexibility and lower interest rates than a DSCR loan and allows you to access equity without significantly increasing your monthly payments.