We get into RE to have a positive impact on our lives.  

This section should outline the process for documenting and approving changes, as well as their impact on the budget and timeline.

You can conveniently blame it on Covid even though most reports show it had very little impact on multifamily, especially through July.

I want impact- where I can make a difference for people, community, etc. 

While they are the obvious ones, they are much less impactful to building a solid partnership.

Many Chinese people invest their money into US assets to hide and prevent them from China seeing it, but that's a completely different story.David Greene, one of the most impactful Bigger Pockets user and host of the Bigger Pockets show, wrote the book "Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties".

The project was budget-conscious but impactful, ensuring the unit is ready for future renters.Reflecting on 2024: Wins, Challenges, and Lessons LearnedLooking back, my first year as a landlord was a crash course in property management.

Do better rehabs.  100% agreed mate,Safety comes in the volume.Something that I've "preached" for many years.It's not worth the time, money or even risk buying 1 or 2 or even 3 properties unless an investor has a growth type mindset and a will to scale to 10+.It's very simple, you own 1 and it goes vacant.That's a 100% impact on your income.You own 10 and 1-2 to go vacant.That's only a 10-20% impact on your income.It's also a very high likelihood that problems will always exist with 1 or 2 properties at any given moment...Plus, such markets (Ohio and Michigan) don't appreciate as much as many others like a Texas and Florida for example.Michigan and Ohio are slow movers and only recently (10+ years later) caught up to some of the other "higher flying" markets from a yearly growth percentage.Much success

@Jeff SkinnerRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

It wasn’t on the market but was perfect for a long-term rental strategy.Legislation Impacts.