I've been in real estate for about a month now with my company.

Now you can advertise it as having a sump pump to prevent future water damage when you can sell.

If so, give that now and start your search. 

However, I do agree that in the beginning it is wise to focus but not so focused that I don’t see open doors.So if I were to pick something now, it would be to buying performing 1st lien notes.  

Now here is something that I hope changes.

Here’s why this market is so ripe:1️⃣ Mom-and-Pop Sell-Offs at Huge DiscountsA lot of these properties have been in the same family for decades, but now the kids aren’t interested in taking over the business or the real estate.

Exchange now at 500k over basis into income property with lease back and put option for 300k more. 

Some appraisers are just going to choose comps on the less favorable side of the spectrum. 

Now, we own 65 apartment units and 80,000 SF of commercial warehousing.Let me know if you have specific questions. 

Now that it’s a rental, you can deduct mortgage interest, property taxes, insurance, repairs, maintenance, and depreciation to reduce taxable income, but depreciation will be recaptured at up to 25% if you sell.