Keep the wood (or sheetrock if you choose) an inch or two off the floor to not wick water.

If you seem like you are just gathering information to self-manage than they will likely blow you off.

100% financing, no payments, financing in extra "cash out" money upfront so you can do a rate/term refi once you pay them off... 

As we kick off 2025, the real estate market is continuing to evolve, presenting both opportunities and challenges for investors.

The current real estate environment that we've been in for the past several years hasn't presented any opportunities for deals like this.Because of the above bullet point, my real estate folio is kicking off a ton of profit each year which is fully taxable at ordinary income rates for me with federal plus state that means 42%From day one we've always self-managed everything, and built a great team of sub’s and handymen in every area, so that I’ve never had to do any labor.

., mobile homes often lose value over time unless they are situated on owned land) and tenant turnover.However, tax advantages include depreciation deductions, which allow you to offset rental income by writing off the property's value over time, and cost segregation, which accelerates certain deductions.

Rental demand in our market is off-the-chart; the shortage of properties continues to hit historical lows year-over-year.

Section 8 could also work as a hybrid strategy here; the stable income is nice, and with good property management, it’s pretty hands-off.

When you file your taxes at the end of the year the accountant is going to ask you for your receipts or what and how much you want to write off using deductions.

I will add that you definitely do not need to be near your investments, but it makes things a lot easier when you first start off.