I'm currently renting and when  decided I wanted to focus on real estate investing, I decided not to buy in Tampa because of the low MF inventory and in home house hacking is not for me.

Currently we have it on the market but last night via Biggerpockets website I submitted a request for a loan and out of all the lenders Jason Ariazand Sr.

I’m currently living in the El Paso area. 

You may be required to make estimated tax payments when the property sells.It depends on what your 2024 total taxes due were and 2025 estimated total taxes / withholding / estimated payments are.If you pay in atleast 90% of the current year tax or 100% / 110%(Depending on 2024 income), you are normally considered good.You may want to consult with an accountant for more clarification.

If he must attempt to get the low interest rates of 2021 on this deal, I suggest that he instead look for assumable loans.

With that low interest rate, you will have paid down a lot of equity in the deal and should be able to finance with a bank.

Quote from @Jeffrey Duck: I see no reason to pay an attorney for this, but it's your dime.The current lease was between you and Person B.

Assuming a 40% expense ratio, the net operating income at the current income level would be around $19,440 annually and $28,800 after renovations.At a $360,000 asking price, the cap rate based on current NOI would be 5.4%, which is low for a park with park-owned homes and required renovations.

I am currently house hacking by living in the basement and renting out the two bedrooms upstairs.

Any store renovation could significantly increase tax liability, currently at $142,000 per year based on its $4,966,600 valuation.- 50 Cambridge Street (Price Chopper): Spanning 67,814 square feet and built in 2003, this store is valued at $11,289,700, resulting in an annual tax bill of $323,000.- 72 Pullman Street: One of the newest and most modern supermarket locations, valued at $10,177,000, which at a tax rate of 28.61 per thousand results in an annual tax burden of approximately $291,000.- 221 Park Avenue: A 37,090-square-foot store valued at $5,833,500, resulting in an annual tax burden of approximately $167,000.