Every time I go to finish that project I look at my options, and every time thus far I find that the $25k would be worth more to me if I deployed it into another property rather than finishing an addition.If you are growing a rental portfolio for passive retirement income the most important question (per my opinion) is if I borrow X what will I get in return?

Although these market still growing there is a real possibility of somewhat slow down and these type of strategies could turn to be a 7-10 plan. 

I don’t need a loan; however, I’m all about using institutional money so that’s in the works as I continue to grow.  

Im a local investor looking to grow my portfolio and i found your building at xyz interesting. etc etc

I told him the size (1800 sf) and age of the house and he couldn't see electrical replacement costing more than $12k, plumbing $12k, HVAC $10k. 

When trying to grow, cash flow isn't your concern. 

However, you will likely meet a lot of folks that you would never run into in real life and your sphere of influence will grow. 2) Only send and accept connection requests to quality people you have an established relationship with.

Part of that is because appreciation is not a guarantee and could change at any time, even to the point where your value is actually depreciating if the market turns in your area, or in the nation as a whole.When I'm working with clients and doing financial planning with them (I'm a CFP® by day), I will always suggest running the analysis out to age 100 because while people are living longer and longer, the chances of someone living to 100 are still relatively low.

I'm sure vegas will continue to grow without us in the long run, I'm just getting out while the getting is good. where next we are not sure yet.

Rest assured, it will not happen again.Lesson learned,  time to grow and move on.