The operators are focused on improving cash flow and positioning for future refinancing opportunities.

I’m trying to learn what matters most to investors so I can improve my own research process.

I'm trying to figure out which core improvements move the needle the most for the WNY buyer/appraiser.

I also want to explore improved land purchases to put a manufactured home on.

If there are improvements made, then you should be able to cash out on the new appraised value without any seasoning restrictions.

Quote from @Hilary Sackor: Hey, I am currently struggling with searching for good areas in the city that would make for a great place to invest, with hopes that the area will continue to improve and become more renter-friendly.

Meeting material participation rules is also huge, dont miss out on QIP tax savings for STRs, and a good CPA can guide you through all of that.Planning improvements or new furnishings strategically can impact which tax year you claim deductions in and help you reinvest more effectively.On another note, Tennessee is a great state for STR investing.

Proper planning can also improve your negotiating position in legal disputes and potentially lead to more favorable outcomes.To navigate these areas effectively, I strongly recommend working with qualified professionals, including a knowledgeable tax advisor who understands real estate and a seasoned asset protection attorney familiar with your specific goals and risk profile.

Any low-cost improvements you’d recommend before listing?

Translation: softer labor data may give buyers improved affordability as mortgage rates ease.🏡 Existing Home Sales Edge LowerExisting home sales slipped 0.2% in August to a 4M annual pace.