Second year distributions rise to 5.27%, third year 7.27%, according to the projections.Those projections may be at risk, for many reasons: the recent huge increase in interest rates -- increasing the cost of loans and decreasing valuations, insurance costs have skyrocketed, real estate taxes are up, labor and material costs for repairs & renovations have increased, etc.On the plus side, the majority of the ODC funds were designed to be high value add projects with plans to increase operating efficiencies, add tenants and raise rents.  

Does a cost seg or bonus depreciation actually help you in any way? 

Run the comps, calculate repair costs, and plan multiple exit strategies so you maximize every deal—whether that’s wholesaling, flipping, or holding for cash flow.

.$8,000 would likely go away in closing costs.

Partner Driven fully funded the $60,000 purchase price and covered the $109,106 renovation costs.

Some of the best ones are offering rates as low as 5.75% at no cost to you, it just requires a 30% down payment.

I have been in Milwaukee WI for quite a while as investing in my backyard in NY is cost prohibitive. good luck on your journey!!!! 

One of the things I'm trying to figure out is if I'm better off getting a few lower cost properties or on higher priced property. 

Ofcourse my mistakes would cost me if done all my self as well.So i am thinking that by going through paid consulting, it saves me from mistakes and time.

Any tips on balancing renovation costs with tenant expectations when preparing a property for midterm stays?