Have faith in your plan and vision, and patience in the process.

Ultimately, I would encourage you to know the criteria of properties you want to manage in Hagerstown, know what your goal is there, talk with a few property managers, find out their goals, and determine which property management companies are most compatible with your vision, as well as theirs.

@Dave DeMinkDave this is a great question and every operator runs their fund a different way.Personally we only raise enough cash to close and run the property, we don’t like to raise surplus cash.We offer a 6% preferred return but it is not mandatory and I make our investors clear that our returns are “blended” over the long-term.Which means they expect a smaller return the first few years as the property is being re-positioned and stabilized, then once that’s done we start to knock it out of the park with higher than expected returns.So long answer short, talk to your investors, let them know your short term and long term vision and what that means to them and their money, you shouldn’t have any issue and everyone will come out a little richerCheers,Dj

Small actions and small steps will add up -- gotta focus on the small things while keeping the bigger vision in mind :)

It is also possible that CAP rates for a property like this in a small market would rise to 11 for example and then your NOI based Value would be NINE times NOI....All that said, I try to buy properties that are big enough (or otherwise fit my Vision) that I would be willing to own them for the Cash flow should I not be able to sell it. 

Half of us at the brokerage have invested or continue to do so, so we always use that vision of stewardship.

Symptoms of this problem can include:changes in the pH balance of your bloodlow blood pressureserious injury to the eyes, including blurry vision, burning, irritation, and in extreme cases vision lossskin damage, resulting from tissue injury with burns and irritation, said CDC https://www.cdc.gov/niosh/npg/npgd0115.htmlLong-term complications may occur after breathing in high concentrations of chlorine.

My vision 1.

I've learned a lot this way and got a more better vision of what I want.

Both properties havevarying degrees of work but will need: new roof(s), front- and back-porches,remodeled and refaced kitchens and bathrooms, new floors, plumbing, HVAC , etc.Questions: I am told that we could use Section 179 to deduct some of the expenses from the Airbnb property so long as we don't create a loss I have a peripheral understanding of Bonus Depreciation - but looking for guidance on how this would work and what would both of these properties qualify for the deduction and at what amortization schedule [year 1 or longer]?