(To increase income numbers).

If you rehab the basement would it increase the value?

They increased my annual by $500.  

We are planning to upgrade all the units and increase rent by using quality material. 

With the first month of 2024 in the books, we're definitely seeing a lot more buyer activity in the market as well as increased supply numbers for both single family detached homes as well as condos/townhomes.

Disposals = Maintenance = increased costs.

While an FHA loan with its low down payment might seem attractive, it's not the best fit for a rental property in Jacksonville.

Ideally, when you are looking for long term holds you want to make sure you are buying in a market with good potential to see approximately 3%+ appreciation progressively over the next 3-5 years with an increasing rent market.

For example convert to STR or MTR for your unit to increase cash flow?

Prices soften a little....but no where close enough to offset increased borrowing costs.There are basically two logical flaws that lead people to the conclusion that rising rates equates to equally low prices.1) They assume that other investors have the same borrowing costs that they do.