My vote is to repair, repair, repair.Water damage can lead to significant problems, from blistering / peeling paint to ceilings collapsing and electrical shorts.

There are good value deals in your market if you search hard and long enough, it sounds like your lead source could be revamped in my opinion.

Creating habits that lead to success is how you’ll build momentum.

Flippers will have to price in these added expenses to maintain their margins, leading to lower offers on distressed properties.

My understanding is that excess business loss limits in 2022 are $270k for single filers and $540k for married filing jointly.

His wife who is in college for a degree that will lead to a great job with great pay when she graduates in June, now has full rent to pay, plus the cost of raising 6 kids by herself. 

What type of leads ? 

I filed a police report regarding the missing property, but that’s unlikely to lead to a charge and conviction.So, what action do I need to take to help a future landlord or a potential LP uncover these facts in their due diligence?

Can you afford the downpayment, brrr costs, keep money in the deal and have sufficient reserves for both properties(i.e 2 years of vacancy/lead times, 75-100% of capex, 3-6 months of random ********?

Time is beyond precious now and if we want to launch we need to use our limited time wisely and STR no longer fits the live we want to lead.