Or we gradually perform high-quality updates for a live-in flip, then roll the equity into a new home.Regarding rental income, we aim to boost income, lower our effective tax rate by generating more low tax-drag income with rental income (since there’s not much we can do to lower out W2 tax bills) and have retirement cash flow.To compare the financial impact over 10-20 years, we want to analyze renting versus flipping.

Studies show good staging does have an impact on your sale.

I focused on high-impact renovations that aligned with the expectations of Hamptons buyers.

You don't always have to incentivize a tenant with a discount to get the tenant to stay, nor keep rents stagnant, but it is good to be aware of the business impact with respect to cost too.

Do you feel like the sharing of your metrics is most impactful because you're sharing it with other people, or because it just gets you out of your head and onto paper to write it out?

Here’s what we’re seeing and how it’s impacting rents:Key TrendsRents Are DecliningCharlotte has seen one of the steepest rent declines in the nation—ranked 6th overall.

-------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Do not let this slide, even if the score impact is negligible.

You’re on the right track—build awareness of costs where it directly impacts their role, but don’t overcomplicate the program with factors they can’t control.

There is some future Infrastructure improvements taking place, which can/cannot impact the property ROI.