Our focus is on securing high-quality tenants to restore stability and improve cash flow.Despite these challenges, we are confident that selling this asset is the best course of action to protect the overall portfolio.Immediate Plan: Increasing OccupancyTo improve the property’s financial performance in the short term, our plan is to lease up the vacant units as soon as possible, starting with the three units that are rent-ready.

It's going to be a lot of work to restore and clean up.  

I purchase all my properties under my business SMART in E.Z Restoration Inc.

Just removing all these down trees and restoring power is going to take some time.Free firewood, come cut and take all you want.

The new requirements will apply to tenancies starting on or after July 1, 2025, with pre- and post-repair photos required by April 1, 2025.This law also clarifies that landlords can only deduct professional cleaning costs if needed to restore the property to its original state.

I also chose to hire a contractor who specialized in insurance restorations.

I am debating whether I want to restore the door to what it was, (I wanted to list this home for sale and I will surely get dinged on this on the inspection in terms of wear even if it is bonded and white).

Whether you want to buy a 2-4 unit place where you live in 1 unit and rent out the rest or do something like a live in flip (where you fix up a house over the course of 2-3 years, move out and sell it to capture a tax free profit), it will mitigate your risk because it is where you live. 

Nothing was completely destroyed, just in need of restoration which has begun on all units.Still nothing like what I am seeing in WNC / ETN - Hope everyone there is ok.

I have not been a believer in massaging debt to make the capital raise pref look appealing to accredited LP investors.A bunch of years ago I sold some apartment buildings.