Hey Drew, get yourself an engineer to provide you with a report on the current conditions and the repairs needed.

If fully updated, market rents could be 5K a month plus utilities etc.The office space is currently being used as a medical office and it's a block from the hospital so there is always a good pool of rental candidates. 

Quote from @Marc Zak: Hello BP community,I currently own two LTRs (one in MS and one in CA), and will hopefully soon own one STR (CA).

This means that when you sell the property, your adjusted tax basis is lower, which increases the capital gain you must recognize.Additionally, any accelerated depreciation taken is subject to depreciation recapture at a higher tax rate (up to 25% for real estate assets) rather than being taxed as long-term capital gains.So, while cost segregation provides significant upfront tax savings, it also increases your capital gains tax liability upon sale unless you use a 1031 exchange or other tax-deferral strategies.You can find your current tax basis by reviewing your depreciation schedule (Form 4562) and prior years’ tax returns, specifically looking at your adjusted basis on Form 4797 (for sales of business property) or Schedule D (for capital gains and losses).Your CPA should be consulted prior to making any decisions. 

If the septic is only for a 2/1, then the county/city wouldn't approved the expansion as the current septic doesn't work for it.Most likely this would be a pass.

Investors need someone who can stay with all the market movements and have the best lending solutions for the investors current goals. 

There are definitely ways to make money in real estate without needing initial capital but I would say those are fewer and less likely in the current market. 

Many of these lenders allowing 2nds behind them are more expensive capital (10's - 13's in our current market [high rates - but now showing signs of coming down]).

Currently active STR Lessons learned?

Some popular ones include the UAE Real Estate Investors Group and the Dubai Real Estate Investors Meetup Group.Feel free to reach out if you'd like to discuss our current projects or potential investment opportunities in the UAE.