Plus lime is increasing in usage.Downsides.  

Last time I checked Dubai has an increasing oversupply of properties due to overbuilding.

The only additional thing that needs to happen is make sure appraiser makes note of why the value increase in as is vs previous purchase price.

However, note that claiming additional depreciation will increase, not decrease, depreciation recapture tax (up to 25%) when you sell.Key Considerations (Updated for 2025):1.

If you have a high level of faith in the company you are working with, then time will do what it is supposed to do and increase your IRR.  

I’m concerned about the economy.  

Why even concern yourself with the legality if it’s self serving and harmful to your family member?  

We have created work instructions for every step of the process so we can maintain consistency in how we evaluate properties, communicate with tenants, market our properties, handle rent increases, manage property turnover, etc.....

I keep going back and forth concerning this property. 

Properties like the Michigan complex offer a unique entry point, combining cash flow and significant upside potential.Immediate Cash FlowThis particular property is projected to deliver 6% annual cash flow from day one, already exceeding the yield of Treasuries.Value-Add RenovationsThe property includes hundreds of units that can be upgraded to Class A finishes, justifying rent increases.