I have REPS by actively and materially participating in my rental property portfolio, and also work as a real estate broker full time (1099 collecting commissions through a single member/purpose LLC) from buildings I sell.My losses from my rental properties (LLC #A) largely offset any federal and state taxes from my brokerage business (LLC #B).

The property was listed in the MLS by a local agent who was also the owner.

They are multiple factors that go into the rate though (such as how high is the loan to value, type of property, credit, to name a few). 

My business could then pay the utilities, property taxes, mortgage interest, insurance policy, and home repairs. 

I've built relationships with property managers who have distressed properties in their portfolios that can communicate directly to owners. 

There is no perfect property. 

Look for properties in the same (or similar) neighborhood with the same size and amenities.

Purchased on 2/7/25 for $171,000, the property offered a quick-turn opportunity.

Have you gone to the township zoning to see if you could have the property legally split.

The seller needs to sell the property for a divorce settlement and initially did not want seller financing.