The permit process is efficient and can be completed in 4-6 weeks. 

Seek Properties with Value-Add PotentialInvest in properties with room for improvement.

Spear's comments about required capital improvements as they relate to rent increases and a captive audience/ trailer trash mentality. 

That's just wasting time and energy right now. 

What I'm aiming for are turnkey rentals and trying to max out the amount of conventional, lower interest loans. again, the DTI income ratio will be IMPROVED if the property shows cash flow.

We were able to get a full assessment with suggestions to improve the terrain and building in order to support fire prevention.

My plan would be to keep the front waiting room as a small commercial space and the back offices as efficiency units or studios. 

My plan for this year is improve my credit, get my real estate license (to increase my income on top of my W-2), possibly career transition into the property management space (to learn more), and save as much as possible and learn as much as I can.I’d love to house hack close to home but my area is so expensive it seems like it’d be close to impossible. 

This is due to bonus depreciation which allows taxpayers to deduct 40% of qualifying property costs in the first year, in addition to regular depreciation for new construction and improvement.

Keeps it efficient