Hey all,Just wanted to introduce myself - bought a duplex in Los Feliz over the summer with a few business partners and will be renovating the property while living there.

By identifying the right buyer within our network and streamlining the transaction process, we added value without requiring extensive renovations.

Small is easy to maintain as long as renovations were done correctly.

Additionally, it can help maximize renovations and improvements.36.4% of the total depreciable basis was classified as 5-year class life.

Another great option is the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat), where you buy a fixer-upper, renovate it, rent it out, and refinance to pull your cash back for the next deal, and this is a good route because most private lenders can go higher LTV than on a rental loan! 

Use AirDNA to get a better feel for what may be projected and then dive into Airbnb and compare to your competitors. 

Managed and renovated entire triplex in a newly revitalized area.

thanks Ben, I was on a call with them on turnkey projects.

And along with that, any insight into GP/LP on a project like this would be helpful.

Do you do any development projects?