It is VERY important for all of us including BP to constantly raise the bar in our industry and stand guard at the door of our wallets so we all can literally have bigger pockets!

Quote from @Michael Smythe: Besides MANY self-labeled "gurus" exaggerating their success, many of them just supply readily available info.If you're too busy to find the info and are willing to pay for it, no problem as you accept their time vs money solution.REGARDING S8 GURU ISSUES SPECIFICALLYMost of them don't share all the facts about how Section 8 actually works.They claim you can get HIGHER rent from S8 tenants vs private-paying tenants.Why would the government allow our tax dollars to be spent this way?

PLUMBING — SUPPLY LINESRemove all accessible galvanized supply lines in basementInstall PEX trunk and branch system to each unitNew main shutoff and individual unit shutoffs (label by unit)Proper supports, labeling, and pressure testNo in-wall work unless absolutely necessaryPLUMBING — DRAINSReplace all horizontal cast-iron drain lines in basement with PVCReplace only visibly failed vertical sectionsAdd minimum one accessible cleanoutCheck all vent stacks in atticInsulate exposed vent stacks as neededTie into existing stack and sewer lateralELECTRICALRemove abandoned/exposed knob & tube in basement and attic onlySecure open junction boxes, cap unused wiresPanel tighten, label, safety checkReplace unsafe breakers if found (no panel replacement unless quoted separately)Install basic LED pull-chain or strip lighting in basement common areasWATER MANAGEMENTSeal visible foundation penetrations and cracks (interior)Improve grading where soil slopes toward foundationAdd/extend downspouts to discharge away from structureI suggest doing a renovation of the units individually to achieve the targeted monthly cash flow and appreciation. 

If you target Class C, you better be prepared emotionally & financially for plenty of challenges.You can find Class B properties in the Midwest to BRRRR, but it will take more digging and YOU will need to understand how to analyze & identify them - because a lot of agents, wholesalers, PMCs, etc. will try to sell you Class C or D misrepresented as Class B:Many of them don't know/care what Class the properties are, so they're incompetent.Others know exactly what they are doing, so should be labeled as crooks!

If you target Class C, you better be prepared emotionally & financially for plenty of challenges.You can find Class B properties in the Midwest to BRRRR, but it will take more digging and YOU will need to understand how to analyze & identify them - because a lot of agents, wholesalers, PMCs, etc. will try to sell you Class C or D misrepresented as Class B:Many of them don't know/care what Class the properties are, so they're incompetent.Others know exactly what they are doing, so should be labeled as crooks!

If you target Class C, you better be prepared emotionally & financially for plenty of challenges.You can find Class B properties in the Midwest to BRRRR, but it will take more digging and YOU will need to understand how to analyze & identify them - because a lot of agents, wholesalers, PMCs, etc. will try to sell you Class C or D misrepresented as Class B:Many of them don't know/care what Class the properties are, so they're incompetent.Others know exactly what they are doing, so should be labeled as crooks!

If you target Class C, you better be prepared emotionally & financially for plenty of challenges.You can find Class B properties in the Midwest to BRRRR, but it will take more digging and YOU will need to understand how to analyze & identify them - because a lot of agents, wholesalers, PMCs, etc. will try to sell you Class C or D misrepresented as Class B:Many of them don't know/care what Class the properties are, so they're incompetent.Others know exactly what they are doing, so should be labeled as crooks!

If you target Class C, you better be prepared emotionally & financially for plenty of challenges.You can find Class B properties in the Midwest to BRRRR, but it will take more digging and YOU will need to understand how to analyze & identify them - because a lot of agents, wholesalers, PMCs, etc. will try to sell you Class C or D misrepresented as Class B:Many of them don't know/care what Class the properties are, so they're incompetent.Others know exactly what they are doing, so should be labeled as crooks!

The big takeaway is that the IRS is clearly buying time on SECURE 2.0 implementation, which helps reduce rollover friction but also puts more responsibility on investors to be intentional during the transition.On the alternative asset side, the opportunity isn’t about chasing complexity or “private equity” as a label.

If you target Class C, you better be prepared emotionally & financially for plenty of challenges.You can find Class B properties in the Midwest to BRRRR, but it will take more digging and YOU will need to understand how to analyze & identify them - because a lot of agents, wholesalers, PMCs, etc. will try to sell you Class C or D misrepresented as Class B:Many of them don't know/care what Class the properties are, so they're incompetent.Others know exactly what they are doing, so should be labeled as crooks!