In my opinion, I would just plan to reduce your living expenses so you can save up more for your next deal, it doesn't necessarily have to cash flow for it to be a good deal

It's better to preserve a healthy relationship with the tenant than save a few bucks.

This leverages your current equity without draining your savings.

Having a good team can make a big difference in fixing up a property, avoiding hidden issues, and saving money in the long run.I recently found SureBuild Restoration – they offer a lot of home restoration services and seem pretty reputable.

That comes in handy when you are doing a rehab as you might save 15-20%. 

Cost segs unlock these savings, but the losses won't offset your ordinary income from your job unless you are an RE Pro.Here's how to think about RE Pro status to make the best case with your CPA and the IRS:RE Pro Status starts with the IRS definition of a Real Estate Professional (IRS Pub 925).It is not as simple as getting a real estate license or working for a firm that provides real estate services.Ask yourself these questions to see if you qualify:Q1: Are you in the right business?

Wanted to check in and make sure this got resolved for you.

I know he is your brother, but that's a quick way for a bad Thanksgiving dinner when you disagree about something and don't have an operating agreement to help you resolve the issue.

In addition, several items can be done simultaneously (I highly recommend this to save time as time is your enemy) such as doing the exterior siding or stucco at the same time interior rough electrical and plumbing is going on.Foundation is always first and rough framing follows that (which includes windows and exterior doors).

Plus their customer service is always on point, I can always get ahold of someone quickly and resolve an issue when I needed 24/7, so far I haven't come to one incident where they couldn't resolve an issue for me.