Los Angeles may provide more stability and long-term growth potential owing to its stronger market fundamentals, even though Philadelphia can have better cash flow possibilities.

Your return on equity is very low based on those numbers provided so yes, some action needs to take place whether it be adding square footage, new construction, or 1031ing.

Hello BiggerPockets Community,I'm facing a situation that many of you might have encountered or could provide insight on.

Which provides better cash flow?

Hi @Andrew Rellinger,Based on the information you provided, the "make or break" for this rental is not going to be where or not you change out the carpet.

Since there is less than 1 year of occupancy the tenancy can be terminated without providing a reason to the tenant.

At least the process here will be harder than just a city council getting together and banning it overnight on a whim.Arizona used to have the same state laws protecting STR in place state-wide.  

Hi all, do you have any recommendations for insurance companies that provide policies for fix and flip projects in Ohio?

They know how to properly insure sub to deals to protect everyone.https://nreig.com/insure-subje...

I'm wondering if anyone can provide references for a reliable handyman who is available for emergency calls as well future work in general.