However, speaking from personal experience, if you are positive and work your *** off to improve your luck, you are going to be much luckier than those naysayers.So happy for you!

I wonder if rent control laws will be easing anytime soon in this city - other than capping rent prices, I don't think they do anything to help improve the quality of rentals.

Time saving in property acquisition, building improvements, purchasing living units, etc.3.

Replacing countertops, though, is a capital improvement and usually has to be capitalized and depreciated over time.

Learn to outperform the market by looking at property entry values and resale values based on improvement.

Also, you are totally right, I will approach this one rental at a time to both improve my skills and check is this is for me.

See what they do right, and find areas you can improve upon then make the jump.

Are there certain things that you may be able to improve quickly and cheaply to assuage fears of some buyers?

I haven't spent a ton of money overall on improvements.

•Target a property in the $800K–$1M range to maximize leverage while keeping costs manageable.2.Open a Second LLC:•Create a new LLC for this property acquisition to separate liabilities and maintain a clean structure.3.Assign Funds & Organize Finances:•Allocate funds to property improvements, marketing for new deals, and reserves for emergencies.