Both methods can work.

Would be happy to talk on the phone when you have time to go over some of the methods I've found useful in working around these obstacles.Thanks,

3) Did you use Max engineered or residual method for cost segregation?

Over time, some of those visits turn into longer stays, investments, or relocations.Now look at what’s happening on the ground.The former Fifth Third building downtown is being converted into a JW Marriott, adding a significant number of high-quality hotel rooms directly into the urban core.

If appreciation and tenant quality are questionable, light upgrades and selling to redeploy into a better location can be the smarter long-term move.

.- 1031 exchanges and capital gains treatment generally don’t apply to true flips, so it’s best to plan assuming ordinary income rules.For a first flip the biggest wins usually come from clean bookkeeping and a high quality CPA who understands real estate rather than aggressive tax strategies.If you have any further questions feel free to reach out! 

I suggest picking a method that aligns with your risk appetite and time commitment then slowly growing from there.Good luck!

Meaning the quality and retention level of renters is high and thereby increases demand for new rentals with the increasing population growth of 1% per year.- Mobile is home of Mardi Gras which brings in a whopping quarter-of-a-billion dollars in revenue and sends hundreds of thousands of tourists to the city each year.- Mobile has the only cancer research center along the upper gulf coast providing a wide array of medical jobs to the area.- Mobile’s low cost of living and doing business provides a desired aspect to renters that can’t be achieved elsewhere, which provides a steady influx of renters thereby decreasing vacancy rates.

Not sure if your goal is to flip or rent a property out, but the BRRR method is popular.

Methodically stacking.