If you buy with a tenant in place, you save yourself the hassle of paperwork and inspections upfront, but you miss the chance to screen the tenant yourself—which can be risky.

Eliminate debt, establish a budget, and save.

However, if the issue is an easy fix, I’d still go ahead and help resolve it!

Also, focus on building a solid understanding of deal analysis, financing options, and project management—it’ll save you time and money in the long run.

There is a product for this, but honestly its going to be more along the lines of hard money.You are going to save $$$ by just simply doing a cash out refinance and using that as your down payment; especially if you have good credit.

Sounds like a lot of moving parts and hoops for the amount of tax savings, but that's just my risk/reward profile speaking.

I believe I can qualify for the HELOC on my own, saving my wife with additional debt ( when used) on her credit.Is there anything to think about if I apply to the HELOC solo?

Inspections may cost more upfront, but they can save you from significant headaches and unexpected expenses down the road.Negotiate Hard: Use inspection findings as leverage.If the HVAC is near the end of its life, negotiate a credit for its replacement.If the cast iron plumbing is deteriorating and needs replacement, ask for a credit as well.Sellers often prefer negotiating credits over doing the work themselves.To give you an example: I was once under contract for an old house priced at $170,000.

Some things matter more than saving an extra $200/month because you chose to live in a market you didn't necessarily like.

Do not communicate in any form other than email.How long did it take you to resolve things?