that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

In multi-unit buildings, I just have my maintenance team toss this stuff in the basement in maintenance room where we can deal with it later. 

This means the ARV isn't realistic.

It's really awesome to see, while I love the podcasts, it's great to have such great deep-dive information on specific topics all in one place.So this week, I'm wondering, what topic are you most eager to learn about before 2024 ends?

Does it matter that a property management company is doing this for the first few months? 

However, if I take out a construction loan later down the road, say 5 years, I probably am not going to have more than $10,000 to put on that loan so I’m not sure if this is the best route.

I am not familiar with this at all.

As Min Zhang suggested, making sure you have a reliable property management company is key and can ensure you aren't dedicating any extra time to taking care of this asset when you already have a job with demanding hours.

I'm so excited about this new endeavor into real estate investment and entrepreneurship.

Your debt % is 50%, therefore, 50% of the net income (income after expenses, including depreciation), would be subject to UBIT.