. $40,000 including closing cost) under my wife and my name since we will be living in 1 unit and rent the other unit out.

The roof can last another year or so but then will cost about $20k to replace.

This takes seconds and costs pennies to run the reports for hundreds of thousands of loans.

I've been contacted by a few victims, not an easy choice, even sharing litigation costs, you have a difficult to enforce judgment.

They may have higher insurance, maintenance, and/or property costs than you would - or maybe not, but I would double check their expenses if part of your hesitation is around the expense ratio.

What would you recommend as the most cost-effective approach to obtaining all the necessary elements for a building permit?

You also have closing costs as well as capital gains.

We have learned a ton and I want thousands of units one day but for now just trying what to do next with this one. ok so the issue is that home was built in 1932 and the heating is an issue in the winter and the heating costs are really high for the tenants.

Our initial goal was to aim for 100+ keys to reduce the cost per key and better achieve our ADR and occupancy targets with aggressive marketing towards our mix of commercial and leisure stays.I'll send you a direct message later today and would love to discuss this further at your convenience.

The key is buying properties significantly below market value, keeping costs low through self-management and maintenance skills, and taking a long-term view to build wealth through forced appreciation and equity capture over time.