The tax benefits refer to the tax deductions from mortgage interest and property tax.The returns mainly rely on appreciation, and the cash flow only improves in the last few years, also depending on securing the 5% refinance rate.I've learned a lot from this forum, but as I start to operate on my own, I'm still not completely confident.

Thank you for the run down on the eviction, I found a local attorney and she filed for me last week and told me it will take 7-8 weeks.

Quote from @Mackaylee Beach: I think these times (the last two years), and this year are the ones that will give birth to some of the best investors.

Out of my 32 properties, I’ve seen insurance rates drop by up to 40% on renewals, and property tax increases are finally slowing down compared to the crazy jumps we saw over the last five years.

All of the furniture was purchased last year and looks great.There is a restriction of the exterior needs to stay as it looks for a historical location.

Lastly more to my point - I thought you worked for a MF syndication in the past that I was not sure but wanted to mention and that you are not just someone coming off the street having never been involved in a deal (unlike a lot of others).  

What they care about more is being close to a convention center with easy parking, a workstation, an iron board for last-minute prep, etc.

I started my solo-shop last summer and looking for ways to improve!

Recognize there are challenges doing BRRRRs since the rate increases that have occurred in the last couple years

I was a Navy submariner for 21 years and really focused the last 6 years on growing our portfolio.