This can be very expensive and is usually the worst choice to make because you can't justify the cost.2.

There is just too many potential liabilities in the rental space to justify having business assets listed under personal.

Unless comparable rentals in the neighborhood justify high end finishes usually it's a bad idea to install them.

It may not be as frightening as it seems, which is what we regularly see with our clients.If the tax impact is significant enough to justify looking for a deferral strategy, then the next step is to explore them with a tax expert specializing in real estate.

Couple that with most investors locked in fixed or adjustable rate mortgages in the last couple years so even if they wanted to sell and by something slightly better or move into a different assest class the low rates may be making it hard to justify.

I think this property can still hold it's new higher value in light of comps - for instance a nearby house of similar design/structure/square footage recently sold for 80k more than what I bought mine at in Jan/Feb 2021.That being said, if my property is theoretically now worth say 339,000, and the nearby house sold for 369,000 a few months ago, say their interior is updated and they have .5 more bathrooms, I'd say that I could do the same to mine for 30k and therefore justify the value of 339,000?

This can be very expensive and is usually the worst choice to make because you can't justify the cost.2.

Even if you could beat syndication returns by going the turnkey and/or SFR route - you will spend SO much more time doing it, that the returns don't justify the time. 

I would probably try to justify the outright purchase of the additional property.

@Basit Siddiqi You don't have to attempt to explain or justify your focus.