Whats a typical multiple for such asset?

Hypothetically, if I found a property with strong rental demand, the income could cover loan payments, operating expenses, and generate a modest positive cash flow.While this example involves upfront risks, the idea would be to leverage my father’s expertise as a contractor to minimize renovation costs, boost the property’s value, and create a long-term asset that appreciates over time.

Typically a new roof only makes sense to protect the asset.

This is not a bargain or a true avenue to obtain off market listings.

Buy the best asset you can and the one you want to own the most 10 years from now.

The harder from a zoning, land availability and pricing it is to get a lot, the better the asset or location is.Tourism-  I would say no impact, to greater demand. 

This will avoid the asset having to go through probate and any 3rd party (family) related issues.3. 

.- Unrecaptured falls under section 1250 and is treated as ordinary gains and capped at 25%- My capital gain from appreciation and improvements under section 1231 was treated as a long term capital gain since I owned both assets over a year.Hope this helps.

No deal(s) just insights & offers to obtain a premium membership that cost ten times the membership you already have (with monthly or annual dues).

@Tayvion Payton, my first question is:Why do you believe multifamily offers better value for the time spent managing than other asset classes?