This strategy not only enhances the property’s value but also boosts your returns, unlike buying a turnkey property where the potential for value addition is minimal.Best of luck with your investment! 

Walk thru that exercise to determine you location and market strength.  83 units is a nice size to get started if you plan to Scale. 

In other words, gross negligence refers to an act taken without exercising even the most basic amount of care owed to others.

In between we have the life’s, careers, wealth, satisfaction of real people, and their contribution to the enhancement of society. 

New user, first time post.Trying to gather info for an HOA Board about possibly having the HOA buy 'bulk' cable TV, Internet (Wi-Fi) with VOIP for use by each owner in a 55 year old and over HOA with 62 dwelling, plus a clubhouse with at least two additional TV usage locations (main clubhouse room, plus exercise room).Cox/Xfinity is the current supplier for the entire property which only has coax cables installed on the property below ground.

We’re eager to reconfigure that area into multiple units to enhance income potential.What strategies can we implement to address this situation effectively?

As the lessee, I believe you can expense the roof replacement and then wait to exercise your option. 

We strategically improved the property with minimal investment, focusing on cleaning and minor updates to enhance its market appeal.

Enhancing the property can increase rental income and property value.Smaller Units: Consider investing in properties with smaller units, such as studios or one-bedroom apartments, which often have higher rental demand and lower per-unit costs.

When the option is exercised there are no real estate agent fees.