Ability to find properties off market6.

@Juan PerezCongratulations on paying off your first home and transitioning it into an investment property!

the  I have seen a lot of properties come and go.  

Warning:If you depreciate a property down near zero and then have to sell your property at a loss during a situation of distress...You could end up giving all the proceeds to the bank AND owe the IRS a big chunk of money for recapture.Long-term tax planning with real estate needs to be coupled with risk management and making sure you don't lose any properties.

As wholesalers, we’re trained to look for distress—motivated sellers in tough situations, properties needing major repairs, or financial struggles forcing a quick sale.

Held for 1 year, completed updates, the property appraised enough to justify sale.

FICO is 780+ and currently have 4 other investment properties including 2 STRs in the same market we are trying to close on in West Virginia.

- Property Managers that you would highly recommend? 

I would make improvements to the property only when doing so would cost less than the value added to the property.

Green for low and red for high property values.