Investors that are looking to offset their investment costs can typically expect to cover the majority of operational and carrying costs, but those seeking positive strong cash flow and ROI can find limited cost saving inputs. 

Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsBest of luck here at BP Nation.

It will cost about 2.5 times more on material as well as install, but something that will look nice & last you many years to come.

The process costs between $3000 and $5000 for an attorney to handle the "condo-ing" which requires a master deed and by laws to be drafted and all the filings for the association.

How much was the cost to remove it?

Let’s say you buy a property for STR in 2024 and take accelerated cost seg benefit.

First time home buyer programs to pay for downpayment closing costs and renovation How did you add value to the deal?

If you want a better return I suggest a targeting properties that need more work, invest in lower cost areas, or a combination of both.

We will renovate the fix up the first floor additional dwelling and plan to rent it out as a STR for the rest of 1st year to maximize the return of our renovation expense against our W2 taxes via the Cost Seg / Bonus Depreciation.

But I'll need to build the road myself, which will likely be costly (especially since it'll involve clearing some trees first).Next to the property I'm buying there's a second nearly identical lot for sale that has the same access problem.