Every year i have done a major improvement to the home.The home was acquired by FTE at some point and all communications from vpm stopped.

Rates not likely to improve but prices are already starting to soften.

Meet People with Experiences Similar to Your Own: There are many organizations (both free and paid) out there that you can join such as BiggerPockets forums, local real estate meetup groups, The Entrepreneur's Organization, your local AICPA group, etc. that gives you a place to receive advice, guidance, problems and ideas.Utilize the R&D Tax Credit: Your business could receive a 10-20% refund for employee labor that’s associated with improving a product or process.Utilize Employee Retention Tax Credits: If your employees that worked for your business during the pandemic are retained through the end of 2021, your business could receive up to $9,000 each quarter that your employees were retained.Own Your Own Office: This would allow you to have multiple tax deductions, utilize depreciation, take advantage of appreciation of the property, as well as allow your company to rent out any unused space to help pay the mortgage.Take Advantage of Energy Efficient Tax Credits: There are many opportunities to take advantage of these credits such as updating the HVAC system, installing energy efficient lighting, etc.Perform a Cost Segregation Study on Your Property: This would allow your business to immediately write off the personal property within the building.Utilize Work Opportunity Tax Credits: If you hire employees from groups that typically face a barrier when it comes to employment such as people with physical or mental disabilities, veterans, etc. your small business could receive a tax credit while also helping the underserved.Use the SCORE program: This program is free and connects you with resources, and mentors and specifically focuses on helping small business owners excel.

When I bought the property I was planning on holding some cash back to do improvements however I ended up needing to add those funds to the down payment to avoid a "jumbo loan" at a higher rate.

HOWEVER, I would take an hour to figure out market rates, condition to know approximate expense ratio, know what to plan on capital expenditures, and know what as improved rental rates and expenses associated with that would be.

However, the .5% could lead you to a lower payment which would improve your cash flow.

Projecting $30k annual net operating profits (after paying monthly mortgage & service costs.)Cash invested $90k (closing costs, repairs/improvements & adding furniture, TVs, appliances, etc.)Cash borrowed: $463kHours invested: 500Projected annual revenue $70kAnnual mortgage, taxes, insurance $37kAnnual maintenance & cleaning $20kAnnual repair budget $10k Lessons learned?

Hopefully the tool will improve again with future web site improvements.

Improve your rental agreement.

However, with the improvements and increased income from the sign and increased rents I will be able to show a strong NOI and I'm hoping to refinance with a bank within another year or two at a lower interest rate and increased valuation.