If you go do all this legwork and they end up getting cancelled, you lose time, money and energy.

Department of Energy.

A bad area on the other side of town that unexpectedly moved into my neighborhood after federal law enforcement decided it was time for a crack down on gangs, who just relocated to my hood.A bullet through my bedroom window.A drive-by shooting 1 block over that I only woke up to at 4am after hearing a woman screaming outside her house.A friend managing similar properties across town clubbed on the head as he stopped by to collect rent, waking up hours later in the stairwell, pockets emptied. 

Otherwise, because a guest has to write and request, I know that we have dodged MANY bullets by not allowing IB.  

Energy tax incentives were expanded and extended through 2032.Be sure to keep an eye out for any changes to 1031 exchanges and capital gains tax rates.Buy, Borrow, and Die StrategyA great estate planning strategy for transferring wealth and minimizing taxes is the Buy, Borrow and Die Strategy.Buy: Purchase multi-family properties that are appreciating in value.Borrow: Use HELOCs or cash out refinancing to pull equity out of the property as it appreciates.

Land banking in the path of renewable energy projects could definitely pay off, especially if you choose parcels with the right zoning and infrastructure in place.While my focus has been more on the East Coast, I’d love to hear how things are shaping up in Kern County.

The issue with doing this method is it takes more money up front for the renovations, you are buying older properties which may have more needed capital expenditures, and it takes more time and energy.

You will have to spend considerable time and energy getting familiar with a new market whereas if you stick with the original one you appear to have enough capital to get started right away on a new building.

This strategy comes with some more risk & involvement, but can be a creative way in the TK space to scale quicker.Ultimately I think it comes down to being honest about the level of time, risk, energy/stress & capital you want to invest & then determine which direction to invest in based on that criteria.

A mili is okay when I'm established, but I only got so many bullets to shoot first.