However, he wants to keep the whole $500k so we have to get our hands dirty to extract the equity.

.- Technology & Automation: Utilizing project management software, such as Buildertrend or Monday.com, enables real-time tracking of budgets, schedules, and contractor communications.

In fact, getting ahead of it now while your business is small might enable you to grow faster so you're not scrambling to build these in the middle of the growth. 

We all desire to be in the real estate space so we should all learn the rules before we dive in over our heads or say the wrong things on the first or even the last conversation.Lets work together to make the market that feeds us appreciate us rather than enable them to think we're here taking a property from the neighbors grandparents or great grandparents. 

Under no circumstances should you apologize , that's enabling behavior which facilitates their continued disfunction.I'm going to say Berkeley rivals SF and Portland in the professionally offended dept.

You’ve developed a moderately fast wealth accumulation strategy that’s relatively low risk, enabling you to ride out down cycles, negative cash flows, unexpected necessary expenditures, etc.  

Quote from @Paul De Luca:Personally, I'm not a fan of enabling bad tenant behavior and in life you get what you tolerate.

Reality: In the beginning, most people need help to start growing their funds. he enables this through his network, teaching and creative options to access OPM.

And may enable smaller land lords and investors some relief. 

Have you tried to extract the value add; have you gotten an appraisal?