It may take 1-2 years and by the end you will have forced some appreciation from the renovations but also got some natural appreciation from the market.

If you have a high level of faith in the company you are working with, then time will do what it is supposed to do and increase your IRR.  

However, note that claiming additional depreciation will increase, not decrease, depreciation recapture tax (up to 25%) when you sell.Key Considerations (Updated for 2025):1.

Properties like the Michigan complex offer a unique entry point, combining cash flow and significant upside potential.Immediate Cash FlowThis particular property is projected to deliver 6% annual cash flow from day one, already exceeding the yield of Treasuries.Value-Add RenovationsThe property includes hundreds of units that can be upgraded to Class A finishes, justifying rent increases.

We have created work instructions for every step of the process so we can maintain consistency in how we evaluate properties, communicate with tenants, market our properties, handle rent increases, manage property turnover, etc.....

Recently I got a huge increase also.

They might also have thought that it's better for us to not have guests who want a super comfortable sofas as they might not write the best reviews in the future.What they probably ignore is that anything below 4.8 is in reality "not that good" and could actually be a negative for our business, given the very competitive nature of it.

The shorter the prepayment term has an impact on increasing the rate.4.

A lot of investors start in their backyard and eventually expand once they hit barriers like affordability and competition.You mentioned that Florida’s housing supply is increasing and that we could see some price corrections.

. - Many areas around the country allow for ADU Construction - house-hackers enjoy similar benefits to remodeling projects by being naturally on-site for ADU construction.