Personally, I do not like any strategy or approach that aims to benefit from the misfortune of others.

This will be the best platform to educate yourself on investment strategies.

You might consider other strategies, like taking a home equity loan or refinancing to fund repairs, but consulting with a tax professional or CPA would be the best next step for your specific situation. 

Like a calculator to simulate this strategy (https://www.biggerpockets.com/forums/61/topics/795487-retire...), maybe showing how much equity could be pulled out of which property when, whether the portfolio would still cash flow, etc.

As raising rents often comes with an increased vacancy exposure risk with renewals, it may not always be the best strategy.

I thought I would add onto this older post, but I'm curious if anyone has any feedback on Sherman from an MTR or STR Strategy. 

That style of learning and introduction to true industry catches my attention as having someone in the space that understands the space to bounce things off of and learn from seems to be the ideal way.I have through a handful of the webinars and follow up calls with different companies and they all basically pitch similar ideas and strategies.

I am trying to calculate my returns over a 10-year period using the rent-by-room strategy, which results in significantly more cash flow than traditional rentals.

Want to dive deeper into multi-state tax strategies for your portfolio?

Hey BiggerPockets Community,If you're a real estate investor or developer eyeing opportunities in Los Angeles, SB-9 (the California HOME Act) could be a game-changer for your strategy.