The best first investment is something nice, clean, and livable but still has room for improvement.

@Yael Fuerst, if you choose not to do a 1031 exchange, you would also have to recapture all of the property's depreciation as well as capital gains tax when you sell. 10 years of depreciation on a $100K house ($80K of structure + $20K of improvements) You'll have an additional $9-$10K of tax on the depreciation.

That needs to change, and it starts with improving my social and sales skills.Dividend Income – Slowly growing.

With the mergers currently in effect, with other property management apps; should provide more improvements in 2025.

Instead, ask your accountant to write a letter of explanation for your finances that adds back depreciation and capital improvements rather than expenses.

BRRRR Method (Buy, Rehab, Rent, Refinance, Repeat)The BRRRR strategy allows you to recycle your capital by using financing to acquire a property, improving it to add value, and then refinancing to pull your money back out for the next deal.How BRRRR Works: Buy – Find an undervalued or distressed property (potentially off-market or through wholesalers).

I would need to figure out the building and land, mortgages, contributions, improvements and such.

Over-improving kills your ROI just as much as under-improving.Next, get detailed with your numbers.

Your credit is low and you can qualify for a loan right now but you want to improve your credit score first in order to get a better interest rate.You have good credit but the interest rates are still too high right now and you want to wait until the rates come down before you get a long term mortgage.You just started your own company and you don’t have 2 years of tax returns so you are not very bankable right now. 

Quote from @Max Emory: Hey @Bailey Rentz, I'll say that we use QuickBooks Online exclusively for all of our Clients and they are constantly working to improve the bank feed feature and specifically the connections.