Ensure you have a detailed renovation plan and consider obtaining quotes from multiple contractors to validate this estimate.Rental Estimates Your projected rents of $2,000 and $2,600 seem promising.

Sure it can be a write off, but my question is if it is the highest and best use of your time (or the given employees time) to be running a skid steer - transporting it, storage, maintenance, cleaning, etc, and if it still makes sense if you need to hire someone to run it for you and take care of the other things.Add up all those recurring costs - maintaining the machine, maintaining the trailer, having a large enough truck to tow it, insurance and registration for all of the above, your time or your employees time related to all of the above...even at $14k a year it might be attractive enough to keep paying that and having them drop it off at the job site for you.A brand new machine could easily cost you over 6 figures - that's 7 years of rentals at $14k/year before including all the holding costs. 

Talk to agents, investors, property managers, and contractors—this is the hard work that needs to be done.

Meeting with contractor today to better understand project cost

As for privacy concerns, changing the name and being mindful of future registrations or public filings can help minimize the "breadcrumb trail."

Anything too much has larger room for error on your first property since you are new to real estate and learning how to work with contractors and tenants. 

Attend local investor meetups, join local Real Estate Investment Associations (REIAs), join digital groups like LinkedIn and Facebook, and use platforms like BiggerPockets to connect with experienced investors, contractors, and potential partners.

- for an underground oil tank that was already removed but that was just never closed with the contractor or seller?

Good afternoon!  I am a GC who just finished "flipping" the house that my family is moving into.  My wife and I are very interested in finding hard money lenders and investment real estate agents that can help us flip...

This will be the best way to connect with everyone you need to make a deal happen (lenders, wholesalers, contractors) hopefully you can meet other out of state investors who have done it before.I'm based in St.