I'm curious if anyone has a written or graphic real estate acquisition strategy that they might be willing to share.

For one tenant that had a cat (inherited tenant and the only cat I've allowed), I had to soak slab with enzyme cleaner, didn't work well, then soaked in vinegar, replaced subfloor boards upstairs, replace trim all around flooring -- it's a huge undertaking requiring multiple applications.     

Hi @Art Perkitny, I'm curious what tool or resource produced this graphic?

We were not educated in the work and financial planning for such an undertaking.

We were not educated in the work and financial planning for such an undertaking.

Evictions are a serious undertaking and they must be done right.

@Rebecca Busch - Finding a RE specialized tax advisor is not an easy undertaking.

Depending on the county, getting power, water and septic/sewer is a major undertaking and cost.

The following looks at hypothetical purchases, anecdotally and in relative isolation, meaning there may be a reason (for instance to generate large tax losses for "active participation" investors to offset other income) for some individuals to undertake a particular kind of purchase.

Unless you have a strong construction background, I highly recommend you do not undertake this work on your own.