Hey @Desmond Haylett, Brighton Beach is in high demand BUT for the right price just like in any other area.

Good Morning  BP,Rental Investors,There has been a lot of talk going around that rental interest is going to skyrocket due to multiple factors including high interest rates, the income relief program ending, and many foreclosures.Have you seen any changes in your properties?

Louis as a high-potential market.

What tax benefits might you receive that could potentially offset some of your tax burden with such high income?

And most are not ponzi schemes.Per the SEC and FINRA, some typical signs of a Ponzi scheme are promises of outsized returns (which is necessary to have a Ponzi scheme function since it needs a constant flow of new investors to avoid collapse), promises of impossible things like guaranteed returns and/or failure to disclose the true risk of an investment (to make the claimed high returns seem more plausible), etc.

We're living here now so looking at pictures you'll have to use your imagination with our personal items gone.

Since it's a rental unit for the future after you move, you don't want to go too high end to please yourself and not get the value out of it on the other end when you leave.

For example they took on (a) floating-rate debt (instead of fixed rate which was more expensive but safer), (b) short-term debt (cheaper but then they ran into refinancing problems) and (c) high levels of debt (to try to juice projected returns rather than conservative levels which aren't as "exciting" to a certain type of investor).

Do you plan to let them continue managing it after they rent it or you just want them to rent it and get out of the picture?

We aren’t out of the jungle yet, far far from it, but it’s directionally positive.The US economy is humming along, remaining resilient in the face of high costs of capital/interest rates.