I am a pharmacist with a great salary working in corporate (large pharma company) and I HATE.

Greetings - I have a client whom is interested in potentially selling a large hotel (multiple buildings) located in the Downtown CBD Core of Eastern Washington (state).

If you live in a diverse city, it might help to incorporate this strategy.

I was dealing with a house that was only from the 50's and you just have no idea how much I regret not just ripping off all the drywall in kitchen and bathroom and arranged for the SOW and budget to incorporate the plumbing and electrical (I might have guessed about the sub-floor but not really the rotten and unsupporting studs).

This may not be something "groundbreaking" to you if you've been already incorporating this into your business, but for me it just made so much sense.

The Greer CBD seems to continue to ramp up over time...

You will just need to incorporate additional screening stesp such as creating leases, referrals, and more. 

@David Tipton True, I forgot the mention that the said $800-tax only applies to LLC incorporated in CA or doing business in CA (generating revenue from being active in CA).

The CAP shows the investments are equivalent (both have 5% CAP).Underestimates Value of Improving RentalWhen you are comparing buying and leaving a property as is vs buying and improving to increase rent you need to be able to incorporate that the rent increase will last for years.

The tank is only required when the water supply system incorporates a backflow prevention device, check valve or similar device.