Investment Info:Single-family residence buy & hold investment.

Investment Info:SFR Buy & Hold Investment in Clearwater, FL.

I believe they still hold the record of the most Governors who went to prison.

I currently live in Toledo, where I’m working on a live-in flip with my duplex.Here’s what I bring to the table:Hands-on experience with construction and property maintenance.Knowledge and skills for value-add projects, especially on smaller properties.A passion for learning and growing my portfolio using strategies like buy-and-hold and BRRRR.I’m looking to connect with:Local investors in the Toledo area who can share insights or collaborate.Contractors, property managers, and other real estate professionals.Anyone interested in sharing ideas, advice, or potential partnerships.If you’re in or near Toledo and would like to connect, feel free to reach out!

I'm deciding how long I should hold onto those properties and if the Class C will appreciate enough.

Initially we thought we would flip, but now we're thinking of holding and using the equity for future investments.

I use S&S regularly so I get the full 15% off the shipment so the price was $3.49 for me.$69.99 - Nellie's Laundry Soda - https://www.costco.com/nellies-laundry-soda-800-loads.produc...Ok, so you are asking "Mike, why would I buy my great grandma's laundry soda?!"

In your second scenario you would eliminate all capital gain and depreciation recapture with the step up in basis.there is no statutory holding period that qualifies you to convert the properties. 

If you want to buy and hold, you will need at least $35K-$40K for the down payment.

In 2017 we started our journey with long-term buy-and-hold investment properties in the Memphis, TN area after selling a property that we were losing money on every month in NOVA that we purchased as a primary residence in Jan 2007 (talk about all-time bad timing) and then had to move with the Navy in 2009 (2nd all-time worst timing).