We are nearing our deadline for our inspection contingency and are feeling uneasy about potential rehab costs.

Not great given the lows we are at already.True, so far 2024 is looking like a potential turnaround year to makeup for the 2022 housing recession, as long as inflation and labor markets act right.

It costs you vacancy, fresh paint, new flooring, potentially other updates. 

The Midwest seems to be the theme when it comes to cash flow and I also believe it holds a ton of potential for appreciation if you do it right.I now have 14-doors in Detroit and I stay extremely active in the market outside my own investing.

.$3,900 return cost.It likely takes maybe 5 hours to potentially prepare your return and maybe 2-3 hours for someone to review it.This means that you are likely paying close to $500 / hour for return preparation.$6,000 for strategizing supposing you have a monthly 30 minute phone call is $500 an hour.If the cost is $10,000, and your tax rate is 35%, they would have to decrease your taxable income by atleast $30,000 for the cost to justify the cost. 

Just like my STR strategy only works in towns with a large industry and lots of bank foreclosures and your W2 job lets you meet potential renters on a daily basis. 

Wages increase so significantly that it allows homes to not drop, stay as is or increase (fat chance).Clearly someone is going to win in this (potentially current homeowners and upper middle class), with losers being Millenials, Gen Z and others who do not own OR they are the winners and losers are anyone who bought the past 3 years.Either way, someone will win and someone is gonna lose.For me, I play offense and defense - I am consistently looking for deals but also if #1 happens, am I protected.

It has a lot of long-term potential.

So, for a $300,000 investment property, you might be looking at potential tax savings ranging from $45,000 to $90,000 in the first year.

Attracting Tenants: Tips on marketing the property to potential tenants who value sustainability and might be willing to pay a premium for such living conditions.Maximizing Cash Flow: Advice on structuring the investment to ensure a steady, positive cash flow and a strong return on investment, considering the property's sustainable features.Sustainable rental properties can pave the way for a new standard in real estate investing, balancing environmental stewardship with financial prosperity.