But if costs are high or demand is uncertain, holding onto the land while monitoring the market might be the better play.

For me, it has to be a data-driven decision: what is your current NOI, what would be if you replaced the boiler, how much will it cost, and how long will it take to get your money back...If the area and marketing don't warrant central air, I would NOT do conensors right away and just focus on the forced air.

Hey Rosendo,After 20 years in the game, owning 32 properties and managing 300+, I’ve seen a range of markets and strategies.

The key for me wasn't to invest in the 'best place' but to know a market so well that a deal jumps off the page when it appears.

I am proficient in investing and confident in earning 7-10% returns in the market over the next decade or two.

I'm interested in connecting with investors in the North Carolina market and share my knowledge and experience in generating cash flow properties.

Hiring the right GC is key to getting the property market-ready efficiently.

See if you’re in a tight market.  

In this case, your monthly payment with 20% down will have a good MARKET rate if your DTI works with a much lower month payment and no mortgage insurance(MI).

If a policy excludes wind coverage (more common in places like Florida where insurance is severely strained by weather and other market conditions) then all wind related events are excluded.In those cases, it's sometimes possible to purchase a wind policy (usually covers wind & hail) which would provide tornado protection.