These resources are invaluable for sharing insights, discussing trends, and potentially collaborating on projects.

Keep up the good work.Most importantly, run a cash flow analysis and understand how to assess the life-left in the property's components (or assess projected CapEx expenses) based upon your findings on any subject property.Outside of operations, running numbers is essential to your success.

Once you get it permit-ready, you can get a construction loan, but construction loan lenders want to make sure you are qualified and can execute the project competently since construction has things go wrong a lot.  

Do this for your 20s then from your 30's on you can basically spend money on whatever you want since your investments/business will make more than you can realistically spend if you do it right.

However, these projects often require significant upfront capital, which is where bridge financing becomes a valuable tool.Key Benefits of Bridge Financing for Value-Add Multifamily Projects1.

Caution: When you can use the depreciation deduction depends basically on how you handle the Section 469 passive loss limitation stuff. 

What makes a deal good is we don’t know till the end of the project and it’s stabilized.

Most cost seg firms will give you a free estimate if you share basic property details - no commitment needed.For residential STR properties in the $500k-$1M range, check out room42.io - they're built for this exact use case and the cost is low enough that you can run studies on multiple properties to dial in your estimates without breaking the bank.

Hey Josh — if you want something that goes beyond basic bookkeeping, you might check out Baselane’s platform.

If most interested in house hacking I would learn how to evaluate those deals good and learn basic property management.