I've been watching YT videos about what to do when you don't get enough inquiries via FF...I'm still finishing up some improvements at my place so I haven't listed it yet.I've asked a family member who is an RE attorney (but does not have experience with STR/MTRs) to look over my lease.

However, if you’re comfortable with the expenses and prefer to hold, you’d continue building equity, but it may take a while for cash flow to improve.

These improvements significantly increased the property’s market value and rental potential, attracting premium short-term rental rates and ensuring high occupancy.

How do you deduct "improvements" such as a room remodel in the rented unit.

These types of improvements increase your house hacking income. 

[crawling into my office closet while alternating between sobbing and laughing]  Haha it's actually such a big improvement!

If you're willing to hold the property and make some cash for the next 5 years or so you could see a big profit down the road or just refinance into a much lower rate and improve your cash flow!

I'm thinking of offering $450K (cash and bank loan), make improvements as leases end, and then refi and increase rents as necessary.

Actively marketing the property and handling tenant relationsCost Segregation: allows you to accelerate depreciation by breaking down the property into different components, such as personal property (appliances, carpeting, etc.) and land improvements (landscaping, parking lots, etc.), which can be depreciated over a shorter period typically 5, 7, or 15 years rather than 27.5.

With things like the ONE Linden plan in Linden, which is a 50M plan to improve the neighborhood.