Hi Robert, I always look at the rehab and deciding what I can do vs the opportunity cost of spending my time elsewhere.

I don't think our detroit land bank sale properties with tax liens I would have to look into that. 

I am looking to connect with local investors and will be looking to make my first investment soon as well.

We want to sell and I am starting to look into how I can save the most money tax wise.

As I dive into all the different paths I can take (single family vs multi-family, short term vs long term, cash flow vs appreciation, local vs out of state, etc..) my mind is scrambling and I've ended up doing nothing at all.I'm looking to join a mastermind that meets consistently and can really motivate one another to take our businesses to the next level. 

Looks to be enough room to make money but just be sure you're very confident in the comps in the area the property is in. 

Are you looking to do more of these?

You can lower your taxable liability for 2024 while boosting your retirement savings.You have to do this BEFORE you file your taxes.Contribute up to 25% or $66k into a SEP IRA.Have you looked into this yet?

Feel free to call my office and speak with me if you want to look deeper. 

In real estate, that would look like some solid LTR and maybe commercial tenantsThat being said, there are still many opportunities in STR in many areas.