@Mayer M.Excel will be the best way to track your hours.You should have something where it is set up in the following wayColumn 1 = DateColumn 2 = Activity DoneColumn 3 = property #Column 4 = amount of hours spentGood luck!

Just to be clear, I would only charge them for lost rent, from the date they were to move in until the date someone else started paying rent.Now, would that hold up in court?

When it's sold it will be taxed as capital gains tax and may also have some unrecaptured depreciation which is capped at 25% and  recaptured depreciation as well which can be up to your ordinary income tax rate.

Of course I rode the wave from 2018 to 2024 with the west coast transplants during COVID and driving up prices in the area.  

My portfolio consist of duplexes and single family homes, and one STR, however this will be my first renovation other than minor touch ups. 

@Dave Foster This is good food for thought and would open up a lot of possibilities. 

They were able to do a reverse 1031 exchange because they had the funds up front to execute the replacement property first, then sell the relinquished property.

Find a house that comes up on the wholesale list that has a lot of bedrooms and buy it as an investment property with a hard money loan.

There’s not really a lot of value add opportunity or sales comps in this space for our area.I typically (BRRRR) purchase fixer uppers with cash, fix up, rent, then refinance on a DSCR and get all of my money back.

yes but they may not pencil out or the rate goes up significantly.