This way, their allowance becomes wages, which can be deductible as business expenses.However, keep in mind that many property management company owners report that margins are often tight, especially if you’re only managing your own properties.

I will be blunt so hold on tight. 

Money is getting tight and tenants are looking for what fits their budget, not the amenities they can afford. 

New LVT flooring etc;  $20k is tight. 

Gabriel, I work and educate investors nationwide but I do have to say - CT is one of the most tightly-knit investing communities in the country.

Just keep communication tight with your loan officer, attorney, and board to ensure everything aligns with your closing schedule.

I think if cash is tight, it may be wisest to consider sale. 

They pressured us not to make loans to investors and, all the banks I worked for, were really tight on their investor lending to the point that they only did it for strong clients that might do a deal on the side.

Profit margins are tight and every penny counts.

It's not a question of "if", it's "when".Keep good insurance policies on each property, keep hefty reserves for each property, open LOCs for extra reserves if you can, and keep a tight hold on the management of the properties whether you manage them yourself or have a PM do it.Stay hands-on even if you have a PM.