This month, I added two new properties for this very reason: being local allows me to respond quickly if needed.Being prepared for any situation fosters trust with property owners.

- Property owner residency: Property owners must live on the property for more than 51% of the calendar year. 

The property features two 1,400 sq ft suites on the main level (one currently leased) and over 3,000 sq ft on the upper level, with 750 sq ft already occupied, 3 small office spaces (+/- 250 sq ft each), and a basement tenant with 1,400 sq ft of storage space.The building generates $6,000 in monthly gross income from its five tenants, but with full occupancy and market-rate rents, it has the potential to bring in $10,000+ per month.Given its historical significance, stunning architectural details, and location, I’m curious about your opinion: Would this property be more marketable for sale with or without the current tenants?

Please feel free to reach me out. 

Let me share a hypothetical as a cautionary tale for those who are solely focused on completing BRRRR strategy acquisitions:Investor A has $100K to invest and decides to purchase the "B" neighborhood value add triplex and upon stabilization is able to refinance out $50K of his initial investment but $50K is still tied up in the property. 

Do you have a group you can recommend that I can join or if you have a property you want to sell, Let me know!

What good reading resources should I get to understand the best ways for me to maximize real estate investing to offset the taxes we pay on our W2 income?

Technically a SF, but we have an ADU on the property that we live in and rent out our main house.I love the fact that my tenants are paying most of our mortgage and if you benefit from those duplicating expenses in traveling healthcare, I'd imagine it will enrich you in more ways than just your tenants covering your costs. 

The owner isn't too keen on putting it on MLS and rejected working with realtors but willing to sign a contract with me. 

and so any interpretation that would require to get you a license to act on behalf of the owning company does not make sense to me.