You can directly contribute to improving the area, helping residents access safer and better-quality living conditions.Hopefully, this gives you another avenue for real estate investment in a growing market like Charlotte.

I've been watching YT videos about what to do when you don't get enough inquiries via FF...I'm still finishing up some improvements at my place so I haven't listed it yet.I've asked a family member who is an RE attorney (but does not have experience with STR/MTRs) to look over my lease.

Buy the deals that you can improve to raise value.

Additionally, ask for copies of all tenant leases, any recent inspection reports, and records of capital improvements, such as repairs or renovations.

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However, if you’re comfortable with the expenses and prefer to hold, you’d continue building equity, but it may take a while for cash flow to improve.

[crawling into my office closet while alternating between sobbing and laughing]  Haha it's actually such a big improvement!

These improvements significantly increased the property’s market value and rental potential, attracting premium short-term rental rates and ensuring high occupancy.

Actively marketing the property and handling tenant relationsCost Segregation: allows you to accelerate depreciation by breaking down the property into different components, such as personal property (appliances, carpeting, etc.) and land improvements (landscaping, parking lots, etc.), which can be depreciated over a shorter period typically 5, 7, or 15 years rather than 27.5.

How do you deduct "improvements" such as a room remodel in the rented unit.