For mortgages without 2 years of income, consider non-QM loans or partner with someone more experienced, and don’t overlook creative options like seller financing or lease-to-own.

I would work with an experienced agent where good negotiating skills were table stakes and that's their value proposition (they do it all day, every day).   

That comes when you've started looking at properties you could actually buy and you start over analyzing because you're afraid to pull the trigger.I experienced this in a different fashion when we bought a property and we were gutting our first kitchen and I didn't want to pull the trigger because I was a little afraid of just ripping everything out and what would actually happen.

When financing a large-scale fix-and-flip project, assessing and managing risk is crucial for success.Risk Management StrategiesContingency Budgeting:Set aside a contingency fund (typically 10-20% of renovation costs) for unexpected expenses.Time Management:Develop a detailed project timeline to keep renovations on track and avoid extended holding costs.Partnerships:Collaborate with experienced contractors and real estate agents to mitigate risks associated with repairs and market positioning.Insurance:Obtain comprehensive insurance coverage, including builder’s risk insurance and general liability insurance, to protect against unforeseen events.Exit Strategy:Always have an exit strategy.

Be sure to consult with an experienced tax expert so you understand the tax consequences. 

Additionally, the landlord-tenant laws there are generally more favorable compared to what you might be experiencing in Minneapolis.Of course, investing out of state comes with its own set of challenges, like managing properties from afar and understanding local market nuances.

Hi Dave,I agree with Zachary above that it is fairly uncommon for an experienced tax professional to review only a certain portion or even an entire return someone has self-prepared.

Experiencing the learning curve as we speak 🤮

I experienced problems trying to set up my Relay bank account.

I have been reading quite a bit about the growth that Polk county has experienced, particularly in the aftermath of the pandemic.