What is asked above could be easily looked at by the SEC as breaking the law.

If something breaks, then there will be the argument about who has to replace it if you bought it and he installed it.

Total cost including acquisition price of $2.35m.I believe we will be able to create a total of 20-30 units in this building. 

That is a great example and doesn't even include the appreciation that you should get after holding it for 15 years!

Vacation homes take some planning, I personally think shooting for break even profit/loss with a vacation home is a good tax strategy but if it is a cash cow I would gladly just pay the tax as you still come out significantly ahead and if you have one I probably wouldn't bother with a cost seg study unless you are getting extremely high rents.

As we navigate through various stages of property management, including renovations and strategizing for resale or rental, I'm looking to gather some insights from this knowledgeable community.I have a couple of specific questions:1.

The industry average is 3% for large properties, not including add-on fees.

Plus having a job keeps you addicted to your paycheck and makes it harder to break free.The second group says that is too risky.

Some things we are considering include:- built in benches in shower areas- handheld shower heads- intercoms for each bed/bath- motion sensor hallway lights...etcThanks!

Anyone have thoughts on moving the two thermostats to the hallway, putting them on my phone for monitoring via wifi with a lock of of xx degrees, and including it in the rent?