And no matter what, keep an eye on how your financing structure lines up with your exit strategy.Where do you see the biggest risk.. sinking money into improvements or letting the buy back linger too long?

Keep in mind that this is also a very tough time to be entering the market as an agent because the inventory is so low.  

Keep in mind that while there is an exemption to the Fair Housing Act.....most states that have a state level Fair housing law do not typically provide the same exemptions as the national law.

I use QBO to keep track of my properties and do this for my bookkeeping clients also.

His name keeps poppin up with great feedback...

Networking plays a crucial role in this industry and remember to keep learning continuously.

Otherwise like Nicholas said, you're paying some unnecessary costs and will likely need to keep more equity in the property with a refinance than what you would've buying it with financing right off the bat. 

Trump has said he plans to keep owner occupied rates at 6% through 2026.

Keep in mind the more you write off the less money you will show as you net.If you have (2) full years and depending on how the accountant files your taxes you will have a schedule C more than likely or another schedule that shows profit and loss.

If before getting a permit you have to dance around for Code Dept officials/ city gov and crime is thru the roof, investments will definitely be low whether real estate or other, but it should be benefiting the city officials to keep things that way.