Motivated seller; facility and rent roll improvement opportunities.

Performing loans may be slightly more passive.

I usually start with 75-80% leverage because that is what my bank will allow and once my leverage is down to around 50%property due to improvements or market appreciation and/or loan pay down, I use it as collateral or cash-out refi to buy additional properties or I sell it to buy something bigger because I am focused on growing my business by expanding my portfolio.

Many VAs are now gaming the system:1) Working multiple jobs2) Outsourcing what you assign to them3) Using programs to pretend they are working4) Really don't care about the work they do, so do bare minimumIf you properly understand all this, you can interview better, track KPIs to track performance and find good workers.It's no different than screening for good tenants.

The adjusted cost basis would be your purchase price, plus capital improvements, minus depreciation, like what @Josh St Laurent said.

The main reason is that the HOA controls a big chunk of how the deal will perform. 

We haven't responded yet.And before anyone asks: There are VERY clear lease terms around the security deposit, ex: "In the event of forfeiture of the security deposit due to Lessee's failure to fully and faithfully perform all of the terms and conditions of this lease, Lessor retains all of his other rights and remedies" ; "Deductions will be made from the security deposit to reimburse Lessor for the cost of repairing any damage to the premises or equipment or the cost of replacing any of the articles or equipment that may be damaged beyond repair, lost or missing at the termination of this lease"; and "Not withstanding any other provisions expressed or implied herein, it is specifically understood and agreed that the entire security deposit aforesaid shall be automatically forfeited should Lessee vacat or abandon premises before the expiration of this lease"What are our options here?

Winter is creeping up, and for those of us managing older multifamily buildings (especially the pre-war stock with steam radiators), heat season is right around the corner.One small, inexpensive improvement I’ve been testing is retrofitting radiators with covers.Here’s why:- Safety: Tenants with kids or pets don’t have to worry about burns.- Efficiency: Covers with reflective backing help direct heat into the room instead of into the wall.- Aesthetics: An old clunky radiator is rarely the best look.

For Real Estate Professional Status the IRS requires a contemporaneous detailed log showing date hours property and activity performed.

Planning to renovate outdated units, update plumbing, improve landscaping and curb appeal What was the outcome?