A lot of operators don't focus enough on the asset management component and rely too much on the PMs.

Land cost is only a small component. 

., the 2006 or 2009 IECC — International Energy Conservation Code).Cost Considerations for a 90-unit or 112-unit Project:The actual cost of qualifying for the 45L tax credit depends on various factors, including:Energy Efficiency Compliance: The primary cost will come from ensuring that each unit meets the required energy efficiency standards, which typically involve energy modeling, certification from third-party energy raters, and potentially upgrading insulation, HVAC systems, windows, and other components of the building to meet the necessary performance levels.Energy Modeling: Typically, you'll need to pay for an energy consultant or engineer to model the building's energy performance and ensure it qualifies for the credit.

There’s two components of household:1) the “who”2) the “how”“Who” is living together is easy: that’s the tenants.

Knowledge and understanding of it is just one component of what makes someone successful in it.   

I know a cost segregation study would be too expensive for such a small amount of property, but is it permissible for me to estimate the value of the components on my own?

I was pretty naive going in and the legal components I learned may have prevented me from expensive legal issues at some point.

- And more...Let's move past all of the above and focus on understanding and monitoring maintenance charges PMC's bill to their clients.There are two basic components of every maintenance bill, labor & materials.

Subsidizing "investors" has been 1 of many components that have to a stagflationary-esqe economic environment.

I would be willing to do some value add component/renovations.