You will benefit from better rates and lower cost lumber now, so that will help make up for some of the added carry and perhaps the market conditions have even improved? 

There are two types of appreciation to consider:1.Market Appreciation: Rising property values driven by external factors like economic growth, demand, or market conditions.

This is not what you have been conditioned for.

Thanks so much for your time and support.Hi David,Sorry to hear about your condition. $35K There are different ways to start doing real estate.Do you plan to House hack?

According to the brokerage and agent, these individuals either weren’t serious or claimed they didn’t realize the property was occupied, even though it was clearly stated in the listing.I’m not particularly concerned about the property’s condition or the eviction process, as I’ve already secured some level of cooperation and have basic access to the basement.

Remember to always budget 10-25% (depending on age/condition) extra as a buffer.

Im not sure if I do enough to call it active but it's my only gig right now since I retired .No involvement , I go check on the property in Colorado on occasion to check it out the condition.

Overall condition is pretty good new appliances in the kitchen just a very dated 1990s look.

Educating investors about market conditions is essential.

:) )4) Do you heat/ air condition the common area?