I had friends some years ago that in a condo put in high end appliances, it was a chef and his wife, so think $20,000 stove, sub zero refrigerator and top end dish washer.

But given our high cost city and sky rocketing interest rates, early and simple analysis of any property has so far resulted in negative cash flow. 

Expensive yes, but high pigment count and excellent coverage.Sounds like you've checked all the moisture entry points.

A touch high but if they are great CPAs it is worth it!

I've been living in WA State for a year and have been learning my local market (I live about 45 min northwest of Tacoma on the Kitsap peninsula) while saving to buy my first property.The high home prices and high interest rates are making it challenging to find good deals.

@Tal SimpsonMe too but they can’t help with syndications which I do a lot of, and price is crazy high!

The prices I am being quoted are outrageously high.

This is a great strategy for high income earners as they can purchase a short-term rental get a cost segregation and slam a huge loss through to offset current years income. 

Others may disagree, but I would highly recommend paying off all of our debt and increasing your savings rate before investing. 

As we all know, interest rates have been very high these past years (7.5%-7.7%), and there are rumors that the FED are looking to cut the interest rates in 2024.