You may want to move on it sooner rather than later.

My husband and I just moved into our new primary residence about 40 min outside Savannah, GA.

I'm currently moving into the commercial world of real estate.

It also requires different reporting of that separate interest expense on the K-1 each year so the partners know they have the obligation of tracing that interest expense to however the partner used the distributed proceeds.I typed all this up and realized Mr Brooks has left the building and posted this 6 months ago, but hopefully someone else will find this useful!

Instead of focusing on move-in-ready rentals, consider fixing up a cheaper property (BRRRR method) to add value and boost cash flow.

I have not moved my address on my license. 

That would be the best move for you to find good contractors and reliable ones for your projects.

.• In 2010, I moved out and decided to put in in service as a rental unit.• I was able to keep it well occupied and leased throughout 2024.• I sold the condo unit in late 2024 for a nominal profit.That brings us to today. 

I was told by the previous owner that you're moving out by February 1st, can you confirm that?"

Understand risk/reward in how you move on that, and how comfortable you're keeping yourself.