Because I want to get as much of my capital into a tax free earnings bucket as I can and for me, that's real estate.  

If you have any questions as you go deeper into the process or need help analyzing a property, feel free to reach out!

@Jill Hutson, vacancy and turnover costs are EXPENSIVE especially if you are an out of town landlord paying an agent/PM for tenant placement.

Feel free to comment on this form or DM me if that's more comfortable for you.

Garages do not add much value to the structure if you ask any appraiser ask them the difference between build cost of a garage and the added value upside.

Any thoughts on if this might be a smart decision or if I should just rent equipment and write-off the costs?

So, for instance, re: my family property that needs patching up, would you advise saving 50% of the cost of the renewal before looking into loans and such?

Also, to make your money go farther, cutting down closing costs is a great way to do that, We can help with that, which is why we offer 1 point Origination Fix and Flip loans.Is sounds like you already have a portfolio, you may want to look at refinancing your existing portfolio to free up cash for future purchases, the buyer's market is only going to last so long as these interest rates are being cut.

Next time you're in the market for multifamily financing (or generally speaking, want to learn more about different multifamily loan programs available to you), feel free to reach out for guidance. 

If the numbers work for you (Cost of acquisition + cost of repairs + loan costs vs Final value) then it could be a deal.....Speaking of crawlspace, make sure you have really good ventilation under there...