So putting the video game controllers up a certain way, arranging the basketballs and board games a specific way, having a power consumption monitor on that specific TV, etc.

The three most common approaches include:Cost approach: An estimate of the replacement cost less depreciationIncome approach: Calculation of estimated potential rental incomeSales approach: Uses comps of recent transactions on similar propertiesBe sure you are leveraging the tax incentives availableIdentify any applicable tax incentives available for commercial properties - historic tax credits in certain areas, opportunity zones, environmental sustainability, etc.Understand available tax deductions, credits, and rebates - Tax deductions decrease the taxable value of a property, tax credits directly reduce your tax liability dollar for dollar and tax rebates are a refund of taxes paid under certain conditions.Utilize a cost segregation study - Cost segregation allows you to reclassify assets into categories with shorter useful lives, therefore accelerating depreciation and creating tax savings.Leverage energy incentives and deductions - Look into the Section 179D deduction and how you can save on tax by meeting certain standards to make your property more environmentally friendly.Best practices for commercial real estate owners and monitoring their property tax regulations:Plan proactivelyWork with a professional to receive guidance on complex regulationsUtilize specialized software tools to drive efficiency and compliance.What questions do you have regarding property tax valuations?

The percentage to GP seems way too high especially if the GPs have no capital invested (LPs have all the risk).good luck

Put down glue boards, where the mice were first noticed. and several other places. ask tenant to monitor and leave extra glue boards for them to replace if mice is caught..

We have a few mentors who are alumni operating smaller GPs who could provide deal flow and hopefully mentorship as well).What should I be considering that I may not be?

I would monitor SB-280, it's supposed to override local regulation in July if it's not vetoe'd by Desantis (unlikely).

By adopting a prudent approach and regularly monitoring market conditions, you can make informed decisions to maximize the long-term income potential of your rental property portfolio.

You could also be considered grossly negligent if you are failing to continuously inspect and monitor the safety of your property.

One way to start is grab an Apple Watch or something to help you monitor your steps and try to increase your step counts to 10,000 steps gradually.

If you want to brrr a home or flip a house, do it locally so you can monitor everything closely.