Excited to hear about the progress of it.

Since you're in Europe and can't visit the property, you can hire a professional third-party home inspector or a local property manager who offers property evaluation services.

I'm about to buy to 4/3 home that's 2,300 sq ft, built in 1967 and want an experienced real estate investor to evaluate whether it's a good deal.Please comment below if I can pay you for 1 hour of your time to analyze it.I have full photos/video walkthrough, and also have several contractor quotes.

Everyone has to do their own evaluation though. 

After all, it is none of their concern that so many people are destitute, clueless, and unable to survive in these so-called "progressive" states.

But if “by doing” he means investing without first having the knowledge to KNOW the risks, EVALUATE the risks (and potential rewards) and to TAKE ACTION to reduce the risks then the cost of this learn by doing education is probably going to be significantly more expensive than a degree in real estate from MIT, let alone reading the\ree or four texts on your own.  

So, let’s evaluate.  

This strategy requires careful planning, from evaluating potential properties to ensuring that your rehab costs don’t spiral out of control.

You’ll want to understand key metrics like cash-on-cash return and cap rates to evaluate deals properly.For flips, it’s all about finding properties where you can add value through renovations and sell for a profit.

It allows a substantial portion of the asset's cost to be deducted in the first year of service.In 2023, the bonus depreciation rate is 80%.In 2024, it decreases to 60%.In 2025, the rate further reduces to 40%.COST SEGREGATION:Cost segregation involves dividing a property into its individual components for tax purposes.Some parts age faster, like carpets or paint.Your CPA can use this info to more accurately depreciate elements of your property leading to potential tax savings.BASIS:Your basis is the initial price that you paid for your property, including any expenses or improvements.Knowing your basis is crucial for tax purposes, as it's used to evaluate depreciation & determine the capital gains or losses if/when your property sells.LAND VALUE:This is how much your land is worth without any buildings or improvements.Land doesn't get old like buildings, so you can't depreciate it.