Some townhomes are like $250,000 and rent is still $2000+.Where I’m from, a $400,000 house would probably rent for about $2000 so I was pleasantly surprised to see how much more rent you can get per dollar, is this pretty standard or am I missing something about Freeport?

@Brandon Ja - The standard answer here is to check with your CPA, but from my standpoint expenses that add longevity and functionality to an existing property (including adding square footage) would make that a capital expenditure that can be depreciated over time.

It could be this was a standard periodic reassessment to account for market value increases and there's nothing to fight.

Property Standards- Cleaning Coordination: We work closely with our cleaning teams to ensure properties are spotless and ready for guests.- Maintenance Coordination: We coordinate maintenance tasks promptly to keep properties in great shape.- Stocking Essentials: We make sure that all necessary items, like toiletries and linens, are available for guests.7.

Needless to say, the buyer got a whole bunch of stuff done right before closing that were not found in a standard inspection.

I’ll keep in mind the benefits of a standard fence for other parts of town.

I currently manage properties throughout Los Angeles County, and occasionally come across properties that aren’t ideal for long-term standard rentals.

You will also learn from others which operators they like or don't like, which asset classes are going well, diversification strategies, standard terms and more - and most of all you will have other like minded individuals to consult with who are on a similar journey.  

Hi George, this can be done but it will be a bit tougher than a standard loan. 

That's a standard cookie cutter deal that I have gotten 90% financing on for 1st timers.You have to get in a market where 50k let's you play.