When they finally moved out, after destroying everything), I flipped the property, doing most of the work myself and leveraging family with trades backgrounds.

Quote from @Cloey Green: I am finally choosing to start on my REI journey.

I guess I was in analysis paralysis for a very long time.

Given that the seller is financing the deal for the 2 years and then the plan is to re-finance it with a bank, I am having difficulty producing such financial analysis.

Generally, a loss can only be claimed in the tax year when the investment becomes completely worthless or when there is a final determination that no further value will be recovered.If the REIT has officially liquidated, been declared insolvent, or issued a final report confirming that no additional distributions will be made, you may be able to claim the loss on your 2024 tax return.

I actually look at this section when I'm doing a market analysis.

To find value on residential 1-4 unit properties you could ask your realtor to run comps or complete a CMA(Comparative Market Analysis) on a subject property once you find it.or you can find the value on your own.We use prop stream to run comps. 

Probably got into a bit of analysis paralysis at this point.

Be diligent about your analysis and maintain discipline.

Investment Info:

Large multi-family (5+ units) buy & hold investment in Plymouth.

Purchase price: $150,000

In the process of buying 1.21 acres in Isabela, Puerto Rico. Isabela is a town on the north ...