This gives you the chance to do any work needed and/or stabilize the multifamily so you can get optimal terms for your perm financing.  

High earners should also consider estate planning tools like trusts or Family Limited Partnerships (FLPs) to minimize future tax burdens.Given his income level and tax complexity, consulting a real estate-focused CPA is essential to maximizing deductions and optimizing tax efficiency.This post does not create a CPA-Client relationship.

I’d appreciate insights on leveraging existing equity or optimizing cash deployment for portfolio growth.Looking forward to your thoughts.thanks

Balancing salary, distributions, and employer contributions can optimize tax efficiency while keeping you compliant.This post does not create a CPA-Client relationship.

I see more sites going to just their regular website, optimized for the phone, than dedicated apps.

It probably is still worth it if you can raise rents, reposition the property, improve the efficiencies of the property and optimize debt when the time is right. 

We are asking the current tenants to leave as the property is not in optimal condition we like to have our rentals and we would like to fix it up to increase value and rents.

Optimally you also can get the children of the senior involved so nobody feels their parents were taken advantage of.  

Go straight into focusing on creative finance, subject to, and minimal cash down deals and build from there.I want to hear your thoughts on what direction to take here if you were in my shoes given these constraints (full time job and a few thousand saved) and you want to optimize for passive income first, then value appreciation?

Whether it's optimizing listings on OTAs, leveraging social media, running targeted ads, or using dynamic pricing tools—I'd love to hear what’s working for you.Some strategies I’ve been exploring include: Enhancing property listings with professional experience photography and compelling descriptions, leveraging Instagram and Facebook ads to attract more direct bookings, and utilizing email marketing to engage past guests.What’s been a game-changer for your vacation rental business?