If you think that the area will bring in people upgrading the buildings and improving the area a lower cashflow deal can be worth it the paydown on the property and appreciation are your true wealth generators!

I recommend against not having any additional income while you spend more money to improve the place Best, Michael

I spent a lot on improvements on a rental this year (hvac system, new flooring) that usually I would have captured on my tax return but I’m worried that the lower AGI is going to affect how much I qualify for for the new house.

One facility (about 60k sqft built in July. 2021) is valued at $1.3M ($1.1M improvement, $0.2M land).

You also have to have a plan in place to fund those improvements in the meantime.

Hello all      I am a member of a local landlord association/Fox Valley Apartment Association/www.fvaa.com and we are working on improving our message/marketing efforts to increase our reach and improve deliverables for our members. 

Is there an advantage to me as an investor, to apply heloc separately from my wife, and her applying on her own, or is it better to apply jointly, such that it doesn't matter on helocs?  

Once the property became officially released (I was able to get details ahead of it being released) he was able to scoop up the house instantly and was happy he was going to be improving his neighborhood.

Homes are cheaper there and the neighborhoods are improving.

@Shiloh Lundahl I usually meet the appraiser at the property and explain all the improvements.