So now you are throwing good money after bad probably without a guarantee of any actual performance of the company until much later down the line.  

I think an equally probable scenario is that we'll convert it to a rental, and then look into a 1031 exchange if we think we can trade into a better-performing asset. 

A little background about me, I have just over 200 doors in my current portfolio and our company manages just over 250 doors for third party investors in addition to those. 

Every bank at that time had way too many non-performing assets on its books.

Census Bureau, Texas added just under 563,000 new residents between July 1, 2023, and July 1, 2024.Florida came in second, adding 467,000 new residents over the 12-month period, and California came in third, adding 233,000.

Hi Tiffani, often new appliances that are "off brands" that you purchase come with a warranty and perform well plus they look new.  

A third option could be to sell.

.✔ Ensure All Basic Maintenance Issues Are Addressed – A rental sitting on the market is a great time to check for leaks, HVAC performance, paint touch-ups, and deep cleaning to make sure it’s move-in ready.

This is the third time in the last few years that this has been presented to CA voters.  

The only real, dependable income comes from a property that is a lot of work (well performing short term rental), one that is paid off, or one that you have owned for a long time to see rent appreciation.