Now you know, you need to send out 5,000 postcards to get those five deals..You will know the cost of acquiring a customer/property after all this..

While you're double-checking your numbers for the 17th time, a pro already locked up the property, negotiated seller concessions, and lined up financing.The real question isn’t "What surprises new investors?"

I have not gotten advice on selling my 40-Acre development property. here is the web page I have placed to view details https://statestechnologylabs.com/prime-property/

@Andreas Mathews admirable, but make sure you do some research so you understand what a PM can make.Starting your own PMC business will require 75-150 doors to make a decent living, depending on gross rents and your fee structre.Working for a SFR PMC as a PM, will require a RE license and you usually get paid a percentage of the gross rents the portfolio of owners/properties you manage generates.

There are limited exemptions such as if you inherited the property where it would be allowed.There are technical means to navigate the 90 day rule but your best bet by far is to talk to the lender and let them know the situation and ask for their direct guidance.  

Bonus depreciation recapture is based on the year that is placed into services.As of right now, the bonus depreciation for 2024 is 60%.It is not likely that they will change the bonus depreciation retroactively to 2024.If they change the bonus depreciation for properties purchased in 2025, it will have no impact on a property you placed into service in 2024.

What other methods should I use to acquire another property? 

The local property will give you practical management experience.You might do better buying a REIT if you are planning to buy single properties far from home.

Renting out your current home could provide steady income, helping offset the new property's costs. 

You did not add an asset to the property.