Fix and Flip?

Now this depends on how much you want to raise, if its $1M yeah that can be done, if you go above $5M you are gonna need to spend money and I would assume someone starting out 10% of that amount to get there.

We are starting to see homes come on the market that have suffered damage from hurricane Helene and instead of having them fixed, some are just listing them as is.

My spreadsheet also includes FMV of every property so I can monitor appreciation, year over year comparison of tax & insurance increases, current rent & last increase & last amount, etc.

But if you get a major expense you could then potentially have a decent amount of debt.

You purchased your property in 2017 with an expected rent amount of $1,549 on the original property evaluation. 

. - PM provides a cash based accounting report every month, for every unit under management, that clearly labels all rent, all expenses, including management fees, and the net directly ties to the amount of money deposited into my bank account.- PM is a licensed handyman, or has them on staff, and takes care of most unit turn work at a reasonable rate. - PM has no breakup/termination fee- PM does not take project management fees, except on large or complicated CapEx projects exceeding $5,000. 

The issue is the down payment is over $250k and no one has that or is willing to fork over that amount.

When you go to sell, you're subject to tax on the amount of profit between your adjusted basis and sale price, not your purchase vs sale price.Recapture is not repaying the depreciation.

There's an opportunity here for leadership (and some faster, easier to implement coding fixes while they work on long-term solutions).