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.

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

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.

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

 $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.

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.