This makes it easier for landlords to find tenants and generate steady rental income.Favorable Landlord Laws: Florida has landlord-friendly laws, which can provide landlords with more control over their properties and make it easier to manage rental units.Tax Benefits: Real estate investments in Florida can offer various tax benefits, including deductions for mortgage interest, property taxes, and depreciation.Appreciation Potential: While past performance is not indicative of future results, many areas in Florida have historically seen strong appreciation in property values.

Also when purchasing properties try to stay from the Historic district, each city here in Hampton Roads does have them, and the Historic Preservation Commission can be a pain to work with.  

Congratulations to you for taking all the steps to get to this point.Although I'm not in the DFW market, I am in the Milwaukee market which is also in a historically low inventory position.

There might be some differences with your capital account, however depending on some things.But overall you just plop the asset with its adjusted basis and historical depreciation onto the new fixed asset listing of your partnership tax return.

Historically speaking I hear, rate cuts happen slower than increasing them.

Not worried about small or medium spikes , just something to protect us if there are hundreds of dollars used that shouldn’t be.Looked into splitting them and it just isn’t worth it right now.Would the best way be to just list utilities included upto a certain amount based on historical usage for electric(kwh) & gas(mcf) totals for a year?

Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

I am working on a project in the historical district that was a full rehab, and just finishing up a light rehab by the hospital in my market!

.🌡️ In May, temperatures in Nevada rise significantly from an average high of 83°F to 94°F, with historical highs reaching up to 109°F.

and many many others in the historic area.