If it was built before, say, 1960 there may be a slew of electrical work you'll need to do to stay in regulations with current times and, of course, for the safety of a future buyer.

We include the cost of all the smart tech we want installed that the homeowner keeps, safety items we require in each property, and the items/signs we use to "brand" the home to our company, as well as our time setting up the listings, pricing, guidebooks, auto messaging, cleaning up the supply closets, kitchens, etc.

Not that its impossible to get creative financing or that its bad to start investing I'm not saying that by any means at all the earlier the better but the safety blanket is small with no reserves for an expensive learning experience which in this industry is likely. 

Liquidating these to focus heavily on real estate removes this safety net and exposes you to sector-specific risks.

It's essential to determine your investment criteria, including the loan amount, loan-to-value ratio, and types of properties you're willing to finance.

That's super helpful - so essentially until I clear the depreciation recapture everything that's not part of the basis repay is going to at 25% or above, depending on where my overall bracket falls.

There's essentially no LTR market as it's in the middle of nowhere and the town is pretty picky about keeping property values up so you don't have a bunch of trailer parks or apartments. 

I am a first responder with essentially endless overtime.

I thought a quiet title action is to resolve ambiguous ownership and would essentially go down the probate path (read/process the will).

Essentially, this is not an enterprise platform, and I could not confirm the throughput of properties on any of the third-party websites advertised.ConnectLinx.com - I could not get anyone on the phone until I finally shared my marketing spending with the company.