The government continues to believe—consistent with the conclusions of the U.S.

In a great location with consistent historical appreciation, neutral or even negative cashflow is perfectly acceptable IMO.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

I mean can you consistently provide an industry standard finished product similat to what the licensed trades would provice)

@Jefferey EutsayIs there a specific aspect of this deal that you are hoping to get advice on?

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

It wasn’t how I wanted to kick things off, but I worked with a contractor to get the bathroom fixed and functional.Once that was behind me, I focused on improving the building and maximizing income:I installed a shared washer and dryer for the tenants, a major upgrade that added convenience and increased the property’s value.I rented out the two garage parking spaces, bringing in consistent revenue.I also raised rents for the second- and third-floor tenants I inherited to be just below market-rate.

I’ve noticed property owners who bought 7 years ago in these prime Denver spots often saw their values climb nicely, especially if they managed to keep consistent bookings.

Medford (North Boston) happens to be a low supply/high demand market so I absolutely need to get more comfortable with consistent rent increases but those increases need to be researched and in line with the market. 

Which then in turn consistently having 5 star reviews can increase your nightly rate.