Sometimes the comments are so good they clearly outweigh the benefit, if there were one.

., the finished basement, unique decor).DIY the Basement Only if It Significantly Adds Value: Ensure the basement project will provide enough of a boost in rent or property value to justify the cost.Sell Only If Risks Outweigh Benefits: Consider selling if the stress and financial risks feel too great, but try to ride out any short-term uncertainties if possible.Appreciation Play: Relying on future appreciation while breaking even might be the safest middle ground.

It's been my experience that the additional reward doesn't outweigh the additional work.

Do you think the risk of a long-distance BRRRR in cash at a lower barrier to entry outweighs the risk of a leveraged flip locally? 

Can't speak to the organization in Michigan but generally the benefits of a well run STRA far outweigh the costs.I am a property manager in Hawaii so we are constantly being hit with new anti-STR legislation and have a large, well-funded hotel lobby to deal with constantly.

Our thought process is that we will be holding and renting the property for approx 5 years and then sell it where the future capital gains taxes will outweigh the cost of setting up blocker corp.

You should consider whether the potential property value increase or other benefits outweigh this loss. 

Remember, the speed of hard money loans can often outweigh the costs, especially if it allows you to secure a good deal quickly. 

It goes deeper than that.NYC Liberal policies, including strong tenant protections, increases the risk of failure so much that the risk far outweighs the rewards.Financial ruin is just around the corner for the small Mom and Pop Property Investor that it doesn't make sense for them.The Tenants will have free Attorneys that are bent on delaying eviction cases so long that it stretches into years while Mom and Pop suffer from lack of rental income and still have to pay all the bills and do the management.Additionally, the increase in homeless living rough in the streets due to Sanctuary laws causing a lack of shelter beds, then evicting shelter residents after 30 days creating more homelessness, policies that tie up the Police's ability to arrest perpetrators, etc. only causes Mom and Pop to sell out at large discounts to larger Landlords who are capable to use Economies of Scale to eek out a profit.These larger Landlords will eventually turn a much higher profit as the pendulum will eventually swing towards the middle when the NYC Voting population eventually realizes that it's not a conspiracy of the Rich that's causing the Wealth Gap to increase.It's the same liberal laws that encourage people to become lifelong tenants, small Entrepreneurs (including Property Owners and small Mom and Pop Businesses) to be destroyed, and Rents to rise astronomically as housing becomes scarer even when the population declines by as much as 7% in the last several years. 

The investor must consider whether the potential property value increase or other benefits outweigh this loss.