Pay periods are sometimes non standard.

There's a 30 days wait period after you sign up before coverage takes effect.

Tight loan approval periods: Many lenders set a standard for 21-25 days to get your final loan approval approved by the underwriter.

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provides support for the property tax appeals process.Additionally, it can help maximize renovations and improvements.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.

I was going to collect a Deposit to Hold for 14 days for the person who doesn't need the unit until Feb. 1st, but then charge a pro-rated rent for the 10 days beyond that 14-day period.

Generally the HELCO interest rate will be higher than a washout refi, but your payments are interest only for a certain period of time.

These can vary substantially within even a short distance, but it can understand quite considerably over a long period if you choose property carefully.

Over our ownership period so far we have improved exterior appearance and certain internal features so that the units work better for the tenants and we have increased rents marginally.

Lets take a look at the numbersOriginal Purchase: May 16, 2018-Purchase Price: $50,000-Closing Costs: 2,700-Rehab Costs: $10,650Total All In Cost: $63,350How I Financed Originally: -25% Down Commercial Financing ($12,500 down)-$37,500 Loan Amount - 5/1 ARM amortized over 20 years-5.25% Interest Rate-Monthly Payment: $365/monthRefinance Period: -Refinanced following completion of construction 4 months laterNew Loan: October 2018 -Appraised Value: $94,500-New Loan: $67,500-Closing Costs: $1,500-6.29% Interest Rate - 5/1 ARM 20 Year Amortization-New Payment: $692/monthI was able to take all of my original money out of the deal and pay myself a small $4,250 tax free payment "Just Because 😏 "I now have $0 in the dealCurrent Rents: $1,049/monthCurrent Cash Flow After Refi: $357/monthResale Date: December 2021-Sale Price: $112,846-Current Loan Amount: $55,422-Closing Costs: $3,350.92-Commissions: $6,635.34Total Net Profit: $46,123.64I"ll now be doing a 1031 exchange and rolling that into a longer term multifamily building.

One follow-up question:  In terms of calculating the number of years of rental income it would take to "make up" for what you'd get if you took the alternate route to sell now and avoid capital gains.... does it make sense to say, for example's sake, we sell after the 2-out-of-5-year period and profit $280,000 ($700k sale price minus $420k purchase price), and at a 20% capital gains tax rate, we'd pay roughly $56,000 in taxes on the profit.