This provides no tax savings and just increases your tax compliance cost.

Pref Rents are below "legal max" and can potentially remain there forever (or as long as that tenant exercises their legal right to renewals... allowable increases are based on the Pref rent as well.

Think beyond year 1 and resist the urge to go for cash flow in a cheap market with little to no population growth.

These changes aim to prevent future tragedies but have also led to increased financial burdens on condo owners, as maintenance fees are expected to rise significantly.Insurance Costs:In addition to legislative pressures, Florida condo associations are facing skyrocketing insurance costs.

Quote from @Jackson Ebersole: Hi Piper,It's always smart to flip properties in-state, and I'd like to share some updated insights on why this approach is beneficial, especially in the New Jersey area.Lenders typically feel more comfortable with in-state flips because:You can manage the rehab more easilyYou have better knowledge of local real estate trends and valuesYou can respond quickly to issues or make decisions fasterThere's a lower risk of fraud or being taken advantage of by distant partnersI can help you with recommendations for the New Jersey market:North Bergen: Continues to show strong potential, with average profits now around $150,000 per flip and a gross ROI of 85%.Willingboro: While specific flip numbers aren't available, the market remains active with a gross ROI now averaging around 130%.Gloucester City: Still a top performer, with gross ROI hovering around 180-190%, though still on smaller profit margins.Irvington: Home values have continued to rise, with a 20% increase over the past two years.East Orange: Has seen steady growth, with home values up by about 16% since 2022.Paterson: Experienced a 14% increase in home values over the last two years.Additionally, Jersey City and Newark have emerged as promising markets for flips, with strong appreciation rates and growing demand.

Calgary market did not experience the crazy increase in price like Ontario, so the correction has been modest. 

Or no upfront capital and interest go to 7% and increase monthly payment by $600 month 

I just wanna be able to one, increase the cash flow on the investment by not having a HELOC on top of a conventional loan and two, I want to repeat the process on a second, third, etc… investment property.  

I renew in a month and haven’t seen an increase yet but it did increase $100 last year.  

If detached, the ADU must typically be placed in the backyard and occupy at most 30% of the backyard's footprint.Having separately metered electric service is advantageous for managing costs and billing tenants.Adding an ADU can potentially increase your property value.