Though, I wanted the form to be as simple as possible for the sake of not scaring off the seller (it was also direct so simplicity is often key in my opinion).

Would it make more sense to focus on SFH because there are more of those potential deals  in my area or be patient and wait on a multi family that fits my criteria when available?

Lastly, be patient.

Two critical components are key to legally performing the above scenario. 1st, there must be consideration for a real estate transaction to be valid.

Patience is key in real estate investing, balancing short-term challenges with long-term benefits.Good luck!

Your project is quite interesting, and balancing risk with reward is key.

From what I’ve read recently in the Wall Street Journal, the IRS doesn’t seem too picky about who manages the property initially.. what matters is that it’s actively being rented out.Now for Question 2, the key part to keep in mind is whether you hit that 100-hour rule in terms of participation for 2025.

Don't delay because you have a double deposit.Double deposit, plus first month (prorated rent) and any other move-in cost before they get the keys in certified funds, no checks or promises to pay.  2.

Your MLS should have some kind of key word search.

While they are good communicators, experienced with Section 8, and their software for rent collection is solid, we're increasingly concerned about a few key issues and would appreciate input from anyone with similar experiences:Turnover Fees Transparency:The turnover fees seem high, and despite our requests for itemized breakdowns and man-hours to justify these costs, we feel they may be taking advantage of our out-of-state position.