The takeaway from a practical stand point is that because the Financial Engineers at the Fed will probably keep the easy money coming which is great for folks like us who own assets it is terrible for society at large, the wealth gap, social unrest etc. 

Covid-19 has put governments, societies, and economies through the wringer and the effects are reverberating through the real estate market.Anywhere you look, reports of surging housing prices, rampant speculation, and historically low inventories pepper even mainstream news cycles.

They have finally determined they think it can be fixed, they got the 3 bids, and picked the same company that did the original repair and the other 2 make shift repairs. 

I also use reipro. which has a script but it lacks flavorCan anyone share any ways to help shift the conversation from "I've seen your property you should just let it go." to "how may I help you?

Planned to rehab with them there to keep them, prevent vacancy and pull my cash out in the spring when I refinance before rates get jacked and market shifts....typical BRRRR in a slightly different order.

A few have done it successfully in the past, however in todays litigious society, I just don’t see how to avoid being sued by someone who claims you “stole” his property while as a licensed agent you are required to honestly give him your best estimate of market value.

BP Vets / Active Duty,I’m getting out at 10 years as a Pilot, looking to totally shift careers.

It could cost you more in current taxes than if you did nothing.The WA LLC pays and deducts mortgage interest.The WY LLC receives the mortgage interest and pays taxes on the interest at marginal rates.If the WA LLC is a passive investment activity with suspended losses, you will globally pay interest (via the WY LLC) that you wouldn't have otherwise needed to pay yet.If the WA LLC has positive income, then it's a wash.If the property is new and you want to shift money from one pocket to another for the next 27.5 years with no real benefit to yourself, have at it.  

This means we still have to underwrite deals or else the favorable shift will happen without noticing it. 

Hopefully at this point  no large expensive repairs or replacement have been needed and most of the hold back for Capex and repairs can be shifted over to income.