If you can’t find something with significantly better returns, holding might be your best option.Alternative to sellingIf you’re hesitant to sell but want to improve returns, check if the current rent is at market rate.

Generalists tend to get erratic sales here and there.Residential working with home owners is more of an emotional component versus investors is more about the numbers.

But for cashflow this is terrible.Comparatively speaking, I do see properties that need capital improvements.

My suggestion to improve your cash flow is to find another bank/lender.

I think finding other value adds than ADU additions are likely to be the superior investment versus adding a ADU.Best wishes, especially wishing the best to all the fire victims.I believe the market around north L.A. is one filled with some pretty well healed individuals.

Centralize your back office / use remote employees / VA where appropriate to cut costs and improve service levels / responsiveness.  5.

You will have to pay higher personal income tax rate, versus waitingtill after one year for lower Capital gain tax rates.

My last eviction taught me its easier to work with a problem tenant getting them out versus forcing them out with their feet dragging.

My strategy would then be to lease at least two of the renovated units, increasing occupancy to 90%, which could improve the chances of securing favorable terms for refinancing.I haven't pitched it to the seller yet.

But STR has restrictions here (2 bedrooms in Raleigh) (hence the hybrid option) and there is often diminishing returns when it comes to price versus number of rooms in our market in the locations I focus on. 3 bedroom numbers often are stronger and more attainable price wise than 5 in core Raleigh.