The previous owner had turned it into a raised bed vegetable garden by jacking up the bottom and filling the pool. 

Purchase price: $140,000 Cash invested: $11,000 Single Family Home, raised ranch with finished basement to include 4 bedrooms and 1.5 baths What made you interested in investing in this type of deal?

Assuming you occupy one of the units, the costs associated with your unit are not expensed or depreciated at all…they simply raise your cost basis for gain calculations when you sell. 

I’m newer to real estate investing and this has been a crazy year for inflation, I was wondering how much everyone is raising rents for renewal contracts on their single family units.

Transitioning from MTM to a lease and raising rents:If a tenant is currently month-to-month at a below-market rent, do you suggest having them resubmitting an application in order to be "approved" for a long-term lease?

Now you can flex your muscles at your hubby and I bet your tenant is a bit embarrassed.  

We have a number of questions regarding capital gains, what the NYC capital gains & state rate is, has the federal and state rates been raised.

My W2 is my primary source of raising capital to build my investment portfolio.

Try raising the rent enough to justify the extra work.

However, it was BiggerPockets that helped me realize that real estate could super charge my goals and reach financial independence much sooner while have more ownership in my portfolio.I've been in California all of my life, having been born and raised in the San Francisco Bay Area and going to school in San Diego.