Have to move on. 

I have a hard money lender established to cover 80% of the purchase and 100% of the rehab, so my capital partners would be covering:20% of the purchase priceRange of $30,000-$50,000 cost of capital25% of the renovation budget (to kickstart the project while waiting for reimbursements)$25,000 contingency padAny tips would be great, and if you happen to be interested yourself I can send you more details.

I’d be happy to chat more about what you're seeing in different markets and what strategies might help you move forward with confidence.

@David Spurlock from approximately 2012 to 2016, you could buy a depressed valued Class A rental and rent it for immediate cashflow in many parts of the country.After Class A property values recovered, investors moved to buying Class B rentals - but used the same assumptions they used for Class A rentals.After Class B property values recovered, investors moved to buying Class C rentals - but used the same assumptions they used for Class A rentals.

Hello @Peter Mckernan, These tips are very helpful and will definitely use them on future listings.

I can see this industry moves at the speed of light and it's a bit overwhelming... once I get my ish together I would like to connect.

In January 2023, he started eviction proceedings on squatters in the home and won a judgement by default in May of 2023 and the squatters moved out.

I moved to the U.S. 10 years ago and have since started and sold four small businesses.

As already mentioned, you could sell via seller financing to lower AGI, as all you would have to claim is the payment income - until balloon payment received.Did know an investor that had 14 properties paid off and he moved into one every two years to then sell with the $250k single exemption.

I'm going to follow this to see what tips folks provide.MikeHey Mike, I am actively investing there so feel free to reach out with any questions!