Despite being aware of the initial no-repair status, I opted for a home inspection, which yielded pleasantly surprising results with minimal concerns, primarily cosmetic.

From deductions for mortgage interest to depreciation benefits, there are numerous ways to minimize your tax liability and maximize your returns.

-Loan Extension Fees-Early Payment PenaltiesAll of these can really add up Lots of good advice from everyone else above, but wanted to add this as if you can find a lender that minimizes these extra charges that can make a big difference

First, any ideas to add cashflow to a property with minimal investment?

While you do pay a fund management fee the diversification provided by the fund more than offsets the minimal cost.

Are you planning to do a 1031 exchange or a trust deed to avoid/ minimize the property gain tax?

@Erik Heldt Have you considered a house hack with minimal accommodations for yourself? 

Legal Compliance: Make sure you’re up to speed on landlord-tenant laws in your area, especially concerning lease transitions and tenant rights.If everything checks out and aligns with your investment goals, this could be a great opportunity to have a steady income stream with minimal vacancy delays.

You will be able to finance multiple properties at once and minimize closing fees from doing multiple loans. 

Now I'm back to this vacant property in Canton and although I still think it would make a great MTR I rather focus on acquiring another property and putting my capital there.I'm currently weighing all my cashflow options for this Canton property and trying to find the best balance of additional funds and maximum cashflow.Here are the options I can think of:*Let PM take over and just LTR it (no extra capital, minimal time managing, minimal cashflow)*Find someone to manage the MTR (extra capital needed for furnishings, then either rent whole house or rent by the room, better cashflow)*Rental arbitrage (no extra capital, better cashflow than LTR?)