@Brenden Stadelman I would talk to seasoned investors that you trust and see who they have had success with.

And I think it should be pointed out that number of federal layoffs in percentage terms compared to the total employed is still quite low.  

The garage and the fact that a long term tenant was in place paying market rent.

Hello everyone, I have seen in this forum a lot of people who have experience and passion.I am also passionate and want to invest in real estate for the long term.

However, there are other loans designed for fixer uppers referred to us hard money loans, bridge loans, or fix and flip loans but whatever you want to call them they're essentially short term, interest only loans with no prepayment penalties designed to finance a higher % of your purchase price and typically all of your renovations not to exceed a certain % of the ARV (typically 75% max). 

Congratulations on such a successful management company. 

You will need to continue filing a MO tax return even in loss years.Given the complexity of passive losses and state tax credits, consulting a CPA can help optimize deductions and ensure long-term tax efficiency.This post does not create a CPA-Client relationship.

We're in it for the long haul, we want tenants to stay a long time and reduce vacancy. 

Even if it was a short term rental before, it'll only take one neighbor to complain to cause you trouble.

Negotiating favorable terms is both an art and a science, and in real estate, it's a critical skill that can make or break a deal.