Hi Shelby,To determine rental prices and demand in a neighborhood, start by researching online listings on platforms like Zillow, Rent.com, and Craigslist to compare similar properties. 

Private Money is simply money from a non-institutional source...such as someone lending out of their personal IRA or from their savings. 

2) How much do you save by doing 4 point inspections? 

I saved money for a major renovation project that is eating up most of my reserve. 

Quote from @Alex Mull: I know that turnkey might not lead to the best financial savings, but I like how most of the work is done for me.

Or should I wait it out a couple of years until I have a larger amount saved up.

Is there a certain amount of savings or financial cushion that experienced investors recommend before jumping in? 

Not sure how much money % I can save if I do it myself too? 

While gifts exceeding $18K per year (2024) require filing Form 709, they don't create an immediate tax, but the IRS may scrutinize this as tax avoidance.Tax-Saving Alternatives:Prorated Section 121 Exclusion – If you lived in the home part-time, you may qualify for partial tax exemption.1031 Exchange – If your share was an investment property, reinvesting the proceeds defers capital gains.Installment Sale – Spreading payments over time may reduce your tax bracket.Adjusted Basis Review – Factor in capital improvements and selling costs to lower taxable gains.This post does not create a CPA-Client relationship.

If you do not find success there, there are some online companies like SpaceJoy, Decorilla, Havenly etc.