Connecting with an insurance company may be helpful in placing long term tenants in a fully furnished home.  

I made the property tax payments in full in January of 2024 for the 2023 year, and I made the 2024 property tax payment in 2024.

I'm at the very early stages of my decision making process but wanted to explore some options regarding location and decide whether or not the USDA loan route would be the best way to go.

Purchase price: $123,000 Cash invested: $15,000This was a 4-plex in C+ condition in what was then a small college town.

Talk to your local building department for the codes they follow and requirement(s).

Best of luck!

The information contained in this post is not to be relied upon.

Any referrals in So.

Phoenix contains a rare combination of elements that have created an outstanding market for distressed property investments, including the following:Cost Savings: Distressed properties are sold below their market value and enable investors to take hold of properties at a trifle compared to traditionally listed properties.Strong Market Fundamentals: Being among the fastest-growing cities in the country, Phoenix ensures a high demand in housing and rentals, hence good potential for resale or income from rentals.Value Creation Opportunities: Most distressed properties need renovations; thus, such situations present opportunities for investors to increase equity by adding value.Population and Economic Growth: Phoenix remains among those cities in the country which are attracting more and more residents and business; therefore, this presents good, long-term appreciation possibilities of property appreciation and income creation.Challenges to ConsiderWhile the rewards can be great, distressed property investment is not without its challenges.

Keep it in-house.