I've regularly attended the auction in Brooklyn, but never bidded on anything.

Funny enough, the house I made an offer on before the one I closed on I did go through multiple inspections: electrical, plumbing, and regular inspection and I ended up walking away from that one.

It just runs and runs with regular cleaning with cleaning descaler tablets 2x a year.

@Jorge Liang I have regular exterior pest control at several of my properties.

I started investing in 2019, got my license in 2021 and was initially with a residential broker that was primarily focused on retail transactions (aka sales, purchases, leases, for regular end user folks). 

A Mastermind Group by my definition is a small, regular meeting of peers and is free!

Now that the value has increased $500k, any additional increase will be taxable income when I do sell.

However, be prepared for the properties to meet certain health and safety standards, as Section 8 housing requires regular inspections.5.

., cost segregation studies), carrying forward 2024 losses, and accelerating deductible expenses to reduce taxable income.Shift to Passive Investments: If management has become burdensome, hire a property manager or transition equity into more passive assets like turnkey properties, syndications, or REITs to reduce workload while maintaining income potential.Expand or Reinvest: Use your equity to acquire new cash flow-positive properties in markets with strong fundamentals, focusing on diversification and long-term stability.By refinancing, selling underperformers, or paying down debt, you can improve liquidity and cash flow.

Non-profit or not, it will be UW as a business...the non-profit designation doesn't eliminate the lending review, just makes the proceeds non-taxable in order to be put to charitable use.