Hi Nicholas,When thinking about taxes and deductions for your real estate business, according to the last IRS info I saw, you cannot deduct improvements or upgrades.  

From a business perspective only the choice would be stay right where you are.But you are at a time where a vacation rental you can use yourself is attractive. 

If you prefer a private space, you might also look for renting a meeting room at a hotel.

Balance of current loan with private lender is about $470k.pro forma (and actual cash flow) runs about $1200 net each month.Property is owned by an LLC of which we are the two members.Last week I got a quote from a company for a DSCR loan for 9.25%. 

Do you even know how to operate in a customer service oriented business?

My business partner and I created Quality First Builders, LLC, to build new construction spec homes in the Triangle and surrounding areas.

This is my favorite type of threads.Let all the agents pimp out where their business is.

Try a private lender  and a Joint Venture

My question to you... when does it make sense to become a private lender?

I am seeking recommendations for a Registered Agent to handle LLC setup and related filings for new real estate investment business that my partner and I would like to set up.