You are making this more complicated by trying to fit each square idea into a round hole.Real Estate comes in two flavors.

I am a big supporter of mentors and believe they can offer wisdom that accelerates career growth and enhances overall fulfillment in life.

These loans that include future rehab will come in different flavors from current 7's to 12%'s in rates with different speeds to close, ease of access to the funds, different pricing and requirements to qualify.Typically the more Full Doc or tougher the qualifications are (like debt to income or DTI req's) the lower your rate/pricing so its a trade off.

Here are a few examples: - $184 million dollar Amphitheater venue - $70 million dollar Grand Rapids Public Museum expansion - $55 million dollar River Trail enhancements - $40 million dollar riverfront restoration - $80 million dollar Corewell Health site - $175 million dollar Soccer Stadium

This stability can significantly enhance the quality of life for tenants, offering a sense of peace and financial predictability.However, as a landlord, this 5% cap limits my ability to adjust rents based on market conditions and rising costs, thereby reducing profitability.

They are often classified as operating expenses or maintenance expenses rather than capital improvements (assets).Washer/Dryer/Stove/Refrigerator: These are assets as they are considered durable goods that will benefit the property over an extended period.New Baseboards/Trim, Doors: These are generally considered assets because they enhance the property's value and are not typically replaced frequently.Furnace/AC: These are significant components of the property and are categorized as assets due to their long-term benefit.Paint, Light Fixtures: These can be a bit nuanced.

All the responses greatly enhanced my understanding on a subject of interest.

Use third-party experts for thorough analysis and efficient software for streamlined documentation to enhance your due diligence reports.In my experience, leveraging due diligence can lead to better outcomes.

We invested $20,350 in strategic renovations to enhance the property's appeal and market value.

@Erwin McClain how will software go beyond enhancing your DIY management skills and actually replace a PMC?