Both parties have agreed on price however seller needs max of two weeks after closing to move out since they need funds from the deal to move. 

But get an LLC and rent from it personally...any cleaning expenses, paying your mortgage etc. come from the LLC's bank account, any outside money that you need to fund the account will be a capital contribution and then you will be able to do cost seg on that property.

With $100k, focusing on properties that offer high rental demand or flipping potential could allow you to leverage your funds effectively, especially in your booming area. 

You can get the rehab funds and you can get cash against the As Is value to put in your pocket.

I'd recommend shopping local since local HMLs would be more likely to fund your deal.

Not an issue for everyone ( mine is 800) 3 For down payment  there are  down payment savings plans ( I have an IDA) In addition there may be additional 1st time or income qualified grants available  ( in my area its up to 60k- if the funding is avail) Also non IDA savings and gifts ( from what I hear) could be used.

Why do you think people still invest into the Roth IRAs or retirement accounts?

That's why for deals like this, you will see people utilize bridge loans where they will lend up to 75% LTV and fund capex potentially because the property has problems and they are looking more at the future value and operations.

I stumbled upon BP, asked dumb questions, received a lot of great (free) advice and help, and I now own 5 investment properties (2 of which are mid term) along with a current live in flip, continued success in my career and index fund investing, and hit financial independence at 41.

Tyler, I would like more info on the passive 1031 fund...