.✅ Electrical – Identify faulty wiring or outdated equipment that could be a safety hazard.✅ Plumbing – Detect leaks or hidden damage before they escalate into major expenses.A small investment in a home inspection can save you thousands in unexpected repairs and help protect your bottom line.Do you get a property inspected before making an investment decision?

It's also worth speaking with a local real estate agent to identify the best neighborhoods for rental income potential.

Assets identified in this study include:Appliances: Dishwasher, microwave, oven refrigeratorInterior Finishes: countertopsFurniture and Fixtures: shelving, built in cabinetry and decorative light fixturesSpecialized Equipment: Electrical systems and specialized wiringHVAC controls and specialized components63.6% of the total depreciable basis was classified as 39-year class life.

Hi Renata,To gain a clearer understanding of the overall condition of the home—including plumbing, electrical systems, HVAC, and the roof—and to identify any major issues such as asbestos, water damage, mold, foundation concerns, or wood-destroying insects, I strongly recommend having the prospective properties thoroughly inspected.

.- Finding potential clients who are interested in investing but may need help identifying great deals.

I have a few properties identified. 

Clearly identify what you want to achieve in real estate and use that as a guiding force throughout your journey.

and am eager to connect with experienced investors to gain practical insights.What I’m Looking For:Advice on identifying cash-flowing properties and understanding market trends in Lynchburg or similar areas.Recommendations for a local real estate agent or property manager with experience working with investors.Insights on how to balance active and passive investing as I grow my portfolio.I’m grateful to be part of such an inspiring and knowledgeable community.

I've got about 7k in an emergency savings account.I am in the process of getting several mortgage pre-approvals to compare fees and get an idea of how much home I can realistically afford.I have yet to find a buyer's agent/investor to help me identify potential homes but will start on that shortly.Ideally, I would like to buy a single family home.

Whether rates hold steady or decline, those who position themselves early—by securing financing, analyzing local markets, and identifying motivated sellers—will have the best opportunities.Final ThoughtsThis week’s CPI and jobless claims data will set the tone for mortgage rates heading into the second quarter.