This is what I could see that would keep me here in RI.I should also mention that while I live in Rhode Island, I’m not necessarily tied to the state.

So if you're in FL I'd go with SC or NC especially if you have close ties or family there.Have you ruled out house hacking in Miami? 

If you have to take up any part of the litigation, I would cut bait and get your earnest back and look for your next deal.good luck.  

Lastly, your bookkeeper should be doing this anyway to ensure depreciation reported on your books ties to the tax return.

Here is our current dilemma that I'm hoping someone could provide some insight to: - We both have the funds to purchase the home with cash, but those funds are tied up in CD's until March, so we will need to apply for a loan in the meantime.

They get their cut, you get the property.Of course, you have to figure out what it is worth and whether that's a wise investment for you.

I also prefer not to use a management company, as I don't want them cutting into my profits.My long-term goal is to generate enough income to live comfortably and eventually build a real estate empire.

In light of the recent 50bps rate cut, we're starting to see an uptick in requests for Freddie Mac SBL and Fannie Small Loan multifamily loan quotes.

Imagine if they have a warehouse line with a rate tied to SOFR at 70-80 percent leverage and the underlying loans stop paying.  

Having family ties to a certain area is always nice too.