Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

I would find a property that can provide you both.I used to aim for 8% cash on cash return + 4% appreciationGiven where the market is now, it is likely hard to find 8% cash-on cash and a 4% appreciation.I think 4% cash-on cash and 4% appreciation is do-able.

Marketing and home improvement activities may count as well, provided they are directly tied to property operations.2.Time Spent by OthersThis ties back to keeping a logbook.

So whether you sell to their trust or to them individually it still has to pass from you in order to do the 1031.But even more you don't want to be in ownership when they pass so you can get the step up in basis and inherit the property tax free.

Investors and homeowners: Timing is everything. What if you could secure your next property before selling your current one—without the stress?

Welcome to BiggerPockets Spencer and best of luck investing!

Is there a certain calendar day they peg that value on?

This is the breakdown:2 tenants on month to month leases ~$250-$350 less than market1 long term tenant (15yrs) is now on month to month lease and is paying $1500 less than marketAfter consulting with a couple of people and doing some research, it sounds like anything over a I should apply banking rent raise and submit a 60 day notice (all of these units fall into that category).

Additional things to consider: where is the breaker box and do both units have access to it if needed?

Are you offering any special programs, incentives, or advice to help them close out the year successfully?