Based on the data I saw from ABOR the median price YoY (2023 to 2024) was slightly up (around 2%) and the rent was flat to slightly down.

Hi all,I currently use RentRedi and am trying to deal with the following situation:- I have a bunch of prequalifications and applications in my queue- I've accepted one tenant and filled the unitMy question is, "How should I mark the others down in the software that would have passed my screening standards?"

Read through this forum on how to do this if you don't know how. 

I am in the Tampa area.

By reimagining layouts, we improve functionality while enhancing the overall aesthetic.

The excavator is supposed to come in the next two weeks to clear and widen the existing driveway to the top of the hill and a site in back for a shed.  

I would say it could be done, just need to have the following:#1 - Have great overall knowledge of that market, and better than agents.#2 - Learn how to run comps so you know the value of the property better than anyone. #3 - Have finances in order (i.e) is this going to be bought through conventional, cash, HML, etc.

To maximize your investment, use financing options like FHA or conventional loans, analyze deals based on cash flow and cap rates, and network with local investors through REI meetups and BiggerPockets.Good luck!

2) How would you classify the property in the 2024 tax year and beyond?

Welcome to the world of real estate investing!