In states like Texas or Florida, that can literally double the tax expense overnight and turn a 7% cap rate into a break-even deal.I've started stress-testing all my deals with a 'Year 2' tax bump just to be safe.

My wife and I focus on long-term buy-and-hold investing, and I genuinely enjoy living in spreadsheets—running scenarios, stress-testing numbers, and making sure deals work on paper before they ever work in real life.

In Chicago/Cook County I believe that if you accept any payment you need to start over.

I’ll reach out once I have a specific multifamily deal on the table to see how you’d stress test the tax line.Best,Chuck

FHA has self sufficiency test so will only work in nicer areas on 2 units which exempts that test.

A good service can run CMAs, fair market values, fair market rents, and help you pressure test assumptions like vacancy, concessions, bad debt, and turn costs, then tie it all back to an acquisition plan and an exit price you can defend.

The key test is whether normal day-to-day living would cause it and solid move-in and move-out photos are what make your decision hold up.

Curious what asset class you’re testing this on.That’s it.

Spot the right contractors by asking local investors and PM in your area for referrals, having clear, written buds, and as @Alioune Camara mentioned hiring them for a test job.3.

Curious how others are stress-testing deals.