If the sellers aren’t willing to update records or make necessary improvements, it’s essential to weigh the potential risks and long-term impact.

I recently purchased my home in October 2023 (before starting my real estate investing journey), so I don’t yet have access to any substantial equity.

Hope NOI and CoC will improve in the near term, until then avoid putting any new money.

Zoho Books, I am not using this as my partner uses it integrates nicely with CRM for book keeping and I could provide access to our CPA for Taxes. 

I think access is a major stumbling block to the Oregon coast. its just a long way from everywhere.. and the amenties as you state that are missing.Its super popular though for Oregionians no doubt.Keep in mind though from Jenner CA north through Ft.

I'd like to bring him in to assist with the renovation expertise as well as access he has offered to his labor pool.

These guys are having fun because there are a lot of scammers and gurus out there selling LLC creation services and Wyoming Trusts and Cook Islands Trusts and if you believe all that b.s. you will end up needing to cash out refinance soon in order to access that equity in order to pay for all their services plus an accountant to keep track of the mess.

This will allow you to mitigate risk on the first property but also allow you to do a cash out refi on the second, so now you have access to tax free cash that you can do with whatever you please.

They would either be capital improvements or costs of selling, most likely. 

I have access to AirDNA and it has its shortcomings.