Creating as many current and future income streams as you can, across multiple asset allocations, is a well-known way to further mitigate risk & protect your assets. 

@Bette Hochberger is your question for annual property tax assessments or applying it to the land versus building allocation when it comes to listing it on your depreciation schedule for taxes? 

These decisions should look at whole picture of what will you doIt does not always need to be a “higher return” investment but also allocate to lower risk Hope this helps

It's an interesting proposition, but my first inclination is how is time allocated to the possible 8 investors and how much time is allocated for owner use vs revenue driving use. 

Without sounding negative, we are all using our allocated balances of time up every second, minute, hour, day etc, so what are you doing with yours?

One way might be to swing back by your target properties that you did not bid on....meet the contractor working on the house and ask what their budget is and what they plan to do.....another might be to network with some contractors...see if you can ride around for a day or two or three and watch them come up with their bids.See if you can get their worksheet from them that details what cost they allocate to each item that needs to be done.Just a thought.....would you be willing to go to work for a contractor for a year for no pay to give out free bids to other investors?   

Using a DTI Ratio of 45%, a married couple would have an extra $900/mo (45% of $2,000/mo) to allocated to their housing expenses, allowing them to more than double their pre-approval amount in some cases.Without UBI: Max Purchase Price = $117k at $800/moWith UBI: Max Purchase Price = $250k at $1,710/mo (+$900/mo to take new DTI to 45%)(Note: I'm not a lender, and surely there is more to this calculation than I am sharing here, this is merely just meant for illustrative purposes)Further, the extra money would allow many people who already have the income and credit but no down payment to suddenly be able to save up for the down payment, creating additional buyers at the lower price ranges.But without increasing the supply of available homes, the base floor price for housing would certainly be raised.

If you do buy some of those make it a very tiny percentage of your allocation and dip your toe in the water to see what happens the first few months.  

Yes, it CAN be worth it depending upon location and land allocation. 

Thanks for your help, While a lot of DSCR lenders have minimums of $75,000 if you can pool at least 3 properties together for a blanket loan, then a $50k per loan allocated amount should be eligible for a few