Depending on how strict they are, they could make you tear them down or at least bring them up to current code with inspections.You might want to go down to the Building Dept (or call) and ask (without giving an address) what they would recommend.

I see a lot of discussion here about maximizing profits and adding clauses to leases so that tenants take more responsibility for things, but I'm interested to know some advice about how to take better care of tenants to build up a good reputation and practice business in a fair and compassionate way.

However, it will likely lower future cash flow so it is a time-value of money play (and perhaps income tax bracket matching... ie, big deduction during a one-off big income year).Two properties... one with cost seg and one with out will have the same depreciation taken at the end of its life (27.5 or 39.0 years).Also keep in mind that STR usually requires 39.0 years of depreciation for the primary building asset.

I planned to develop another home in the back half but a contractor inquired about renting the lot for their construction trailer so I’m pausing my development.

For a brand new agent, it’s valuable education getting training, learning all the necessary tools to legally represent a client the sale or purchase of their home or commercial building. 

You are hiring a GC and Broker to build and sell a spec home for you.

The journey will never be 100% smooth, but you'll get better at solving unforeseen problems and building better systems to prevent the unforeseen from stopping your flow.

Don't make asks, just ask questions.You take that relationship building and add to it podcasts with guests specific to multifamily and books on multifamily so you fully vet that as an option.

Came across this Deal from heritagegroupcapital.com, They are buying 2, 100k industrial fully tenanted/leased buildings in North East Indiana, near Fort Wayne.

I am building houses on these lots and wish to sell to people who have capital gains so that they can benefit from the tax breaks.