I could also put in the hook ups and have tenants bring their own equipment.

Capital Gains:Now, you bought the property for $700k and put in $25k in renos, so your adjusted basis is $725k.

Why would a 2nd hinder anything the first has before or after the 2nd being put in place?

Am I understanding that if you do not add value to the property you cannot liquidate the money to reinvest, or does it just mean you could only liquidate less than you put in unless you wait for the mortgage to be paid off?

Yeah I noticed newly accredited investors that make maybe 150k a year when they put in 25k to 50k want to the world.

It was a great first project, I had some old friends reach out that were losing their house and I helped them get out from under the PML, bought the house and helped them repair their credit, got a contractor I knew that lived around the corner help me do a full gut rehab and put in about 1,500 hrs of my own labor into it.

I'll echo what @Anthony Vicino said: If you're not willing to be patient and put in the hard work, you aren't going to be successful no matter which coaching program you're in.

The others were a great waste of time and distraction. 

I plan to get a DSCR loan on it after and cash out refi the renovation costs I put in and put into a LLC.1.

We ended up closing on September 15th, 2024All 4 student tenants that were put in the building around August 14th, 2024 by selling agent lived there for 5-7 weeks and didn't pay rent.