My offer to purchase was successfully accepted in a competitive market, and I immediately found a tenant to rent out the space for a 12 month lease.

And if the yard space was part of the lease I guess it makes sense to reduce the rent a little.

This space is also getting competitive, but you could try listing for monthly stays only on Airbnb, VRBO, etc.

My point being I've consumed a vast quantity, and variety of content in the rei space. 

A modernized condo in Uptown Charlotte, purchased in 2020 as a rental property.

I just started getting into this space and I've been trying to discover the best way to find sellers who are motivated.

You still may have negative cashflow, but it may be smaller, so is addressed by rising rents sooner.As a professional in the Build-4-Rent space, let me make some corrections here. 

It’s normal to feel like you don’t have enough knowledge at the start, but these meetups are a space for learning and building relationships.

These tenants tend to be reliable and respectful of the space—often more so than the varied guest pool with short-term rentals. 

If you are cash poor, and can recoup cash from this transaction, it will give you some ammo for the next deal that is going to come in the next 12-18 months.If you were using the space, that would be different, but if you're looking to rent it out, and are stuck without a tenant, you become even more cash poorGood luckGino