And you’re absolutely right: underwriting isn’t just numbers on a spreadsheet; it’s understanding the moving parts of an asset, the market, and how to navigate uncertainty.

My goal is to acquire my first investment property, ideally a single-family rental, by early-2025.I’m particularly interested in hearing from others who’ve navigated the Hudson Valley or Catskills markets, especially with rental properties or creative financing strategies.

For the areas of interest (you are local so I'll say suburbs west of City Line Avenue) there are few and far between -and- have many investors sitting on large sums of cash to jump on anything that comes up (where I would be navigating a reverse 1031.) 

It sounds like you navigated the challenges well and gained valuable lessons for your next venture.

@Karl Kauper the best way to navigate this is to partner with a company or 1031 exchange intermediary that already has and consistently provides investment property inventory.

If you’re open to it, I’d be thrilled to buy you a coffee and hear your story.Whether you specialize in residential, commercial, wholesaling, or anything in between, your insights would mean a lot to me as I navigate this journey.Please feel free to reply here or shoot me a message if you’re interested.

Using a large RV or boat for business purposes offers potential tax benefits, but it's essential to navigate IRS regulations carefully.

From what I read in the Wall Street Journal, there's a growing demand in those areas.If you're on the lookout for a reputable financial advisor, I know someone here in Scottsdale who's helped new inverstors navigate the financial maze.

I also completely understand the frustration of navigating through "Joker brokers" and fake lenders who promise more than they can deliver—one of the biggest challenges in the industry today.Regarding your approach to accrual-based repayment options, that’s a huge help for flippers managing tight cash flow, and it's great that you offer that flexibility.

It sounds like you’ve navigated some serious challenges while staying committed to your long-term investment goals, which is a testament to your resilience.The current market definitely presents challenges, but it also holds opportunities—especially for investors who take a strategic, long-term approach.