As for the first, yes we'd be able to do that (for example, replacing a water heater which is the mechanical that's closest to the end of its useful life).

@JR Gonzalez, You can allocate the proceeds from your sale anyway you want. 

Have as many people you can trust give you some advise about your purchase.  

@Mario MoralesHow are you defining a "traditional agent"?

I don't know the Baltimore market but have a friend who is a very savvy investor there and maybe he would do some coaching to help you understand which way is up.

Here's the deal: You don't need to withdraw and return the current security deposit just to collect the additional $100.

Here are some key highlights from the report, which compares December 2024 to December 2023:*The median sales price in the greater Austin metro rose slightly by 1.4% to $450,000.

Basis is what you paid for capex.

I hear you! 

@Victor Yang To use the rental losses to offset any active income (W2), you'd have meet Real Estate Professional status (which would be difficult to do with a W2 job because you'd have to work more on real estate than any other job to qualify) OR have an AGI of $150K or less.