If the rental income looks solid, it could be a good idea to rent it out for some steady cash flow.

Here's what I learned, and what I regretted: https://www.biggerpockets.com/forums/922/topics/1133476-hous...

.✅ Denver - April - $610,200✅ Westminster - April - $570,000✅ Arvada - June - $655,000✅ Thornton - June - $560,000✅ Lakewood - June - $605,000✅ Englewood - July - $600,000✅ Morrison - June - $968,000✅ Conifer - January - $872,500✅ Evergreen - April - $1,200,000✅ Golden - May - $1,025,000✅ Littleton - April - $680,500✅ Parker - July - $715,000Certainly these months/time frames can change in 2025 depending on mortgage rates, inventory in your city, etc.But, if all remained constant, this gives you a ballpark idea of time of year to net the most money

Hi Scott,Thank you for sharing your ideas!

The most important thing is to know the details of your local program like the back of your hand, then look for loopholes.Just to give you and the other BP'ers a deeper handle on why some TDR programs work and some don't, I just uploaded an excellent study on the topic to my FilePlace at http://www.biggerpockets.com/files/user/ChrisNewma...

I see a lot of investors buy good investments, but then they lose tens of thousands because they have no idea how to manage.

And end of year actuals never pencil out like the spreadsheet...I'm not saying that it's a bad idea; I would just urge you to proceed with extreme caution.

I'm feeling most drawn to a buy and hold rental investing strategy and like the idea of the BRRRR strategy in tandem with VA loans, basically refinancing VA loan backed mortgages to conventional loans once there is 20% equity in the home.

We’d like to continue with this project remotely, but the idea of managing contractors and overseeing a renovation from afar feels a bit daunting.Have any of you undertaken a similar project?

I would say the posts above are great ideas to try first before taking legal action.