.- You could also try selling to another naive investor, but you don't have the infrastructure to do so easily. 2) You'll need to evict the tenant if you haven't already.3) Have 2-3 agents tour the property and take videos of their recommendations of repairs.4) Review all of these to create consensus Scope Of Work (SOW). 5) Get 2-4 bids on the SOW6) Review bids to determine cost effectiveness of what to actually do.

If the appraisal came in lower then what was being using originally that could effect the rate/terms.

It's important to understand the difference, and I'd recommend sticking with the REIT with depreciation advantages.The Tax Cut and Jobs Act (TCJA) includes a 199A deduction and applies to certain income from pass-through entities (including REIT dividends) and allows individuals to take the 20% deduction against REIT dividend distributions that yields an effective tax rate of 29.6% or 37% (80% for upper bracket filers).

Looks like is passed in 2022, effective this year.

No one talked or explained the Compounding Effect until I read the book. 

Brandon Turner's post on Twitter on Aug 29: "There is a big difference between being busy and being effective, and in the case of a lot of investors; they believe that because they're buying properties, means they are going to succeed."   

It's a strategy that has proven effective time and again.Five years is a solid timeframe to account for market fluctuations and ensure profitable sales.

Hi @Julie Philpott it depends where you are in Franklinton to feel the full effects of those new developments.

I don’t know which way to tap into equity and where to invest in .Quote from @Samuel Diouf: I love house hacking because you can get into the higher priced areas and leverage your money very effectively. 

I could have done better in selecting my properties.