Hmmm, what was the $25,000 spent on?

We used Anderson Business Advisors to set everything up properly and have not regretted the couple thousand we spent, as well as the monthly fee for them to keep up all our legal and give us unlimited access to attorneys.

According to your post, your time is better spent doing something other than managing a property.

She is $50/hour and has spent a considerable amount of time getting my books straightened out to utilize Quickbooks.

About 3 years ago we had an unbelievably juicy deal that a banking institution needed to get rid of brought to us by a broker who had spent a full year following up, selling, negotiating, contacting, etc until he had a deal.  

If you spent $100k on property in cheap Midwest market in 2000 and $100k on property in San Diego (assuming same amount of leverage and terms),  the San Diego property would have resulted in significantly higher total income.  

California would go as far as looking at her credit card statements to prove she spent more of her time in CA. 

This marks a significant recovery for a market that spent much of 2023 in negative rent growth territory.

Your upgrades look very attractive.For rental though, I would have not spent a nickel changing either of those kitchens.

I spent my entire life savings founding the company juxtaposed designing affordable housing.