Energy Efficiency ImprovementsInstalling energy-efficient windows, doors, insulation, and HVAC systems can appeal to modern buyers who want to reduce utility bills.

Just reduce there rent by $5 and they will be happy to do it.

House hacking with an SFDU could be a smart first step since it allows you to reduce your housing costs while building equity.

Normally when a  property is advertised as "cash only" the property is in poor condition and/or the seller wants to reduce contingencies and opts for a cleaner transaction.

As for your neighbors, they could have exemptions like Homestead, widow, military disability and many others that can reduce the amount of taxes.

 $9k/$72500=12.4% Rate of return (not including any closing costs which would reduce this return).  

Negative cash flow also can offset positive on other units to reduce taxes today.

David A cost segregation study can be beneficial for properties under $400k by accelerating depreciation to reduce taxable income.

Examples could include:Partnering with other investors to share risk.Using seller financing or lease options.Leveraging creative rehab techniques to save on costs.Negotiating with contractors in a unique way to reduce expenses.I’d love to hear any stories, tips, or approaches that helped you pull off a deal others might have instantly passed on.

They’ve been solid investments, with rising rents and property appreciation, but over the last 2 years, skyrocketing HOA fees and stagnant value growth have reduced cash flow.