Let's be real for a second: LVP and Laminate flooring alternatives look sleek, trendy, crisp, and clean... and make economical sense when comparing to hardwood/bamboo. 

I've held off appraisals until something comparable was closing that would be good for my numbers.

Compared to Tellus, it’s a nightmare to learn and many of my tenants have trouble with it.  

I understand the added income is a minor factor compared to the increased value represented from the additional income, but I did not realize it would be 7 figures, so that is awesome.

Paying water bills at different municipalities 4 times a year and then billing tenants back and collecting from them is also a significant administrative task - how does it compare in your experience?

I have been looking into investing in a rental property in Wyoming recently, based on lower housing costs and property taxes combined with reasonable comparable rental rates.

Once you learn the basics stil keep learning and tweaking but prioritize your time investment into what brings the biggest - percent likelyhood of successful payout- volume of payment vs the riskWhen I ran a large call center I compared it playing money ball with time.

With the appreciation, tax benefits, offset mortgage, etc. the upfront costs in undertaking a good sized project are minimal compared to what is possible 5,10,15 years down the line...Just something to keep in mind

.- I agree with other comments, investing in OZ is very risky, most of the offering is an opportunistic-style investment (compared to core/value add in 1031 DST), so there's quite a bit risk of losing money.

We were focused on just flipping, but now seems that holding the property will be more in line of our goals.If any of you have recommendations for property management companies, I would love to start contacting them and comparing?