Quote from @Travis Smith: Age 56 and retiring from farming and I’ve been very good at avoiding income taxes with depreciation and business expenses.  

This is a business purpose loan and will have a prepayment penalty and possibly cost a bit more than conventional financing.

Quote from @Sergio P Ramos: Update:I've been really busy since my last interaction.

Multiple places, then you start reaching commercial territory when you sell and try to move it all as a business.

It’s a bit intimidating since it’s outside my usual scope of business, but I’m committed to taking the time to learn how to be an effective landlord.

High taxes, a declining population, and an environment that is less than friendly to businesses are important factors to consider.

As others have said, you will get lent more money usually with rehab involved than on a straight acquisition loan.

I grew up in North Florida so I have a lot of family, friends and business contacts in that area.  

Shout out to permit professionals like Roy Hasson (just a friend in LA specializing in navigating permit process - this is not a business play we do not work together), who are dedicated to helping others and will likely develop similar resources to support their communities through the rebuilding process.If you’re working on rebuilding efforts or have questions, feel free to connect with me—I’d love to collaborate.

As per the TK provider business model, property was bought cheap and rehab done (work provided).