As a Canadian i've had to navigate this along with finding the right market, property and financing. happy to introduce you to resources if you need.

Thank you in advance for helping me navigate this decision.Hi Portia, Love the goal for 2025, great way to kick off your investing journey!

Business loans typically won't let you purchase a property if you read the fine print.

. - You have no recourse against an agent or PMC once you pay them for the placement and it turns out to be a terrible tenant:(If you have the time and network and post here for assistance, it's always a good idea to learn the rental business from the "ground up".Of course, one mistake can also cost you thousands of dollars.

I've never seen such a mismanaged business.

I will be able to log the 50% time of business use.

In the latter case, I would still use QB to enter info provided by the 3P servicer and to maintain my general ledger for the lending business.

It sounds like you navigated the challenges well and gained valuable lessons for your next venture.

They’ll be essential in helping you navigate challenges and scale efficiently.Since you’re planning for 2025, now’s a great time to start networking, analyzing deals, and learning about financing options (especially if you're a first time flipper..). 

Wholesaling can be a great way to learn a market and build capital, but holding rentals can provide steady cash flow and equity growth over time—especially in markets like Detroit, where entry prices are lower and rents are solid relative to costs.If you’d like to learn more about navigating Detroit, feel free to reach out—I’m happy to share some resources or insights from my experience.Best of luck in whichever direction you choose!