Could anyone share their experiences or timelines tracking regarding the initiation and costs of property renovations?

It can be challenging to get condos to cash flow in my experience.

I am interested if anyone has some recent experience with them.

Investors - I have 25+ years of public accounting experience in the real estate space at your disposal.

Any insights or experiences you can share would be incredibly valuable.Are there specific markets that you find promising or challenging at the moment?

If the property is not depreciable (IE the allocation of the purchase price to land), then it can escape ordinary treatment, but it also isn't depreciable.https://www.thetaxadviser.com/issues/2011/apr/casestudy-apr2...If you find  a cost seg provider that legitimately carves out 60% of the purchase price of a building to short life property, let me know who it is  My experience is more like 20-30% on average of the building basis from an architect based study unless it is something like a Hotel/Motel or Mobile Home / RV Park.

So as others have stated experience is definitely a key factor but I feel like across all of these experiences there are a number of inefficiencies at play.However the fact that no investors have responded to my post indicates perhaps I've just had really bad luck.

Since your experience level (1st investment) is very limited, I'd speak with some title companies to get a feel for comfort level in working with them.You'll be asking a bunch of questions (you should!)

Lenders will be looking for experience, first and foremost.

I am evaluating to invest in WorldQuest and I would like to hear about your experience.