Is it worth the money to level the concrete in the basement of a future rental?

Most of the renovations we did were upstairs for the tenants unit (duplex up).

Register for courses covering the BRRRR method and Subject To financing2.

He talks about how you can purchase a rental property, manage it as a short term rental during the year you acquire it, do a cost segregation study, use those "losses" to significantly reduce your taxable income that year, and then turn the property into a long term rental in the following year. 

Good afternoon, I just closed on a multi-family property (4 plex in an older home) . 3 units are rented, 1 is vacant and there is a shared common area for laundry.

Construction can have unforseen costs, construction loans for rounds of funding can be more expensive over time, rent markets can drop, vacancies in market can increase.Typically entitlement phase of land most risk, followed by development, followed by vacant building turn around, followed by half vacant building, followed by mainly full building with value add component, followed by brand new building with market or below in place rents and everything new with good location.Along that spectrum of course you go from heavy equity upside potential to mainly just the cash flow return and hopefully price appreciation over time.Investors have to decide on the spectrum of their risk assessment to capital over what period of time how they will allocate between all one type of investment or multiple and what percentages.

I know mortgage lien will be extinguished but not sure the other types.

I maybe met some of you at the recent meet up at Ironton.

Here's the details:I was listening to a BP podcast or BP adjacent podcast over the last 2 weeks and I remember it mentioning a company that can assist in styling for renovating homes. 

Then I would shoot for areas that appreciate the most, because when leveraging the 5% down.. appreciation will bring you the most profits.