This approach gives you the opportunity to thoroughly screen potential tenants, ensuring they align with your values and standards.

The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the 2025 bonus depreciation rate at 40%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.

Six-unit apartments are an excellent investment choice, and I’d be happy to help you explore options that align with your goals.Looking forward to hearing from you!

However, be cautious—newer “B” properties are sometimes built in “C” neighborhoods, so careful due diligence is required.Monroe: As mentioned earlier, Monroe strikes a balance, making it a versatile option for investors.Trends to WatchTransit-Oriented Development: Areas near light rail expansions are seeing significant value increases.Suburban Growth: The suburbs around Charlotte, including areas like Concord, Huntersville, and Monroe, are experiencing steady growth as people seek more affordable housing outside the city center.When investing in Charlotte, aligning your neighborhood choice with your goals is essential.

Additionally, lenders may require a release price (a specific amount to pay down the loan) for each property sold, which can complicate the strategy.It’s worth discussing these details with a trusted lender or mortgage broker to ensure the plan aligns with the loan’s terms.

There’s two components of household:1) the “who”2) the “how”“Who” is living together is easy: that’s the tenants.

I added value to the property by focusing on key renovations that aligned with the tastes of Hamptons buyers.

A lot of operators don't focus enough on the asset management component and rely too much on the PMs.

If the stars align, we estimate that we could potentially earn $1,000 to $1,500 per year from the property.

That is I think it is more aligned with the fact that above average (in price) houses don't make good rentals--so these folks primary hold houses which are below the average price in the areas they operate.What do y'all think?