Hi Courtney,From my experience managing LTR portfolios, the “right” repair authority really depends on portfolio size and cashflow tolerance.

Spell out a target amount, a floor that triggers automatic top-ups from cash flow before distributions, and a cap so you’re not warehousing excessive cash that drags yield.

My understanding is following a LKE only the excess basis in the replacement asset qualifies for Bonus depreciation; not any carry over basis.

Quote from @James McGovern: Is there any guidance published on tactics that new home builders should embrace such as one sided contracts to excessive markups on upgrades?

If all of you are equal members of that LLC you'll all have equal authority. 

Please implement something that keeps the spider webs down.

., weak trust-account processes, slow ad approvals, unclear authority/access).Compensation models: monthly retainer, per-door supervision fee, rev-share, flat + performance, minimum terms/exit clauses.Ballpark ranges and how they scale with door count.Where you found them: NARPM Triangle chapter, local REALTOR associations, NCREC license/firm search, BP groups, LinkedIn, referrals.Contract must-haves (IC setup): authority, E&O proof, ad-approval SLA, trust-account signatories, data access, transition/exit clauses.  

🙌You’re totally right — tools like Qualtrics/SurveyMonkey and SEMrush/SpyFu are powerful, but I’ve mostly seen them used for marketing/consumer research rather than for real estate investing decisions.That’s what I keep bumping into: plenty of great general platforms, but nothing that brings together real estate–specific data points like:• Voucher demand or housing authority activity (for S8)• Days on market for rentals in a micro-neighborhood• Vacancy + “desirability” indicators (crime/schools)Out of curiosity — if there were a tool that gave you that kind of “plug in an address → get all the market intelligence” insight in one place, what data would be the most valuable for you personally?

https://shorturl.at/0adHXThe author lays out his argument that the housing market may be on the cusp of another major downturn.

@Nathan Crandall Those prices are quite excessive.