Beyond those avoidable expenses you will incur, how did you fair with liability protection during the renovation process and  into the future with your acquisition/renovation thus far?

Investing in energy-efficient appliances, insulation, and solar energy systems can increase your property’s appeal and reduce long-term operating costs.By paying attention to these economic factors, you can make informed decisions about property acquisition, pricing, and tenant targeting, ensuring a more robust rental strategy.

Operations Manual: Create a detailed operations manual covering processes from acquisition, development, and property management to sales.

The fact that you've raised over $170 million and have passive investments in $1.6 billion of assets speaks volumes about the quality of your team and your approach to real estate.If you’re looking to finance future acquisitions, I'd be happy to get you some very competitive bids on financing...I'd love to learn more about your investment philosophy and how you approach large multifamily projects.

They are conservative in their acquisitions and carry little to no risk, and are well-funded to protect their downsides.

Lexie,First of all, congrats on the acquisition! 

Deal acquisition is an art, so dig in and make sure the deal is good and make sure the numbers at up to what you think is good! 

With $1,050,000 cash invested and a purchase price of $950,000, you likely have significant improvements made to the property.If you're considering scaling this strategy or need advice on financing future acquisitions, feel free to reach out.

It's important to carefully evaluate the costs and terms associated with each option.Consulting with a financial advisor or real estate financing expert can provide personalized guidance based on your situation.Best of luck with your acquisition!

Good luck and congrats on your recent acquisition :)