To achieve this, the rental income must meet three requirements.Rents Must Outpace InflationInflation steadily erodes the purchasing power of a fixed amount of money.

This will minimize the tax burden of the gain you currently have and defers any other gain through the 1031 giving you more buying power going into the future.

RE's super power is equity over time.

Custom built closets NO wire closest.. lights in the closets upgraded electrical etc etc.

Here are a few Walmart deals that I found that could be useful$15 - Chefman Rapid Boil 1.2L Electric Tea Kettle - https://www.walmart.com/ip/Chefman-Rapid-Boil-Glass-Kettle-1...We have this kettle and it has been solid for 2 years now.

The power plant near there helps quite a bit.

Someone I know bought a ranch to use as a short term rental property in 2021 for $1.7 million.
Engineers did a virtual site visit, they were able to assign a value of $347,000 to either 5-7-15 year assets that were e...

What I do for my units with shared meters is I charge 50% flat to each tenant which prevents waste I get no issues with any waste due to this but the ones that share electric bills do get many complaints due to the size of the bill.

What happens when you add purchasing power into a product shortage environment?

I am getting a lumpsum estimate for things like electrical, plumbing, but I am not sure what the cost is for.