That doesn't mean you don't increase the rent, but adjust by how much you increase it.

Additionally, high-income earners with modified adjusted gross income (MAGI) over $250,000 (married filing jointly) may be subject to the 3.8% Net Investment Income Tax (NIIT).For 2025, bonus depreciation is at 40%, so consider leveraging it for eligible property assets like appliances or fixtures to accelerate deductions.

To further boost occupancy and revenue, consider revisiting a dynamic pricing tool like PriceLabs, as it works best with more time and data to adjust rates competitively.

I’m looking to invest in nearby areas, focusing on fix-and-flip projects and new ground-up construction.

@Colby Burns  Agreed regarding the PM side with them (A member of my spouses family had a horrible experience with them)  Regarding the construction side, I cannot speak to. 

Make sure when the new hardware is installed adjustments are made if needed and repair any damage to door jamb. 

Commercial acquisitions or new construction?

How do you finance the tear down do you add it to construction?

I've been receiving more quotes than in the past containing endorsements excluding coverage for condominium/PUD construction.

Why would someone buy now and make little money for the chance that the rates will adjust later?