Here are some options: Hard Money Loans: These are short-term loans typically used for the purchase and renovation of properties.

Could you advise where investors typically secure financing for similar land purchases?

A typical rehab is going to be 3-4 months, with a month to list/rent.

Typically, residents remain unaware unless they observe property tours or inspections.

Home sales typically decrease during the winter months.

Structuring private lending as passive income can be tricky since the IRS typically classifies interest income as portfolio income rather than passive.

He started with me just after retirement and I recommend you look for a handyman who is retired because they are typically less expensive and as my guy likes to say, every day is a Saturday and that means they can get repairs done quickly.

------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

When it corrects there are typically just a greater amount of opportunity especially when there was a large run up to the correction by those who did not follow traditional risk mitigation measures when investing.

Hello @Kyle Luman,In the first few years, tax deductions like depreciation typically offset cash flow, depending on the rate of rent growth.I also want to comment on your statement: “Buy in appreciating areas.