Apparently she’s made some recovery progress to the point that returning home would have been an option.

I'll update the postProperty value is $125k  means % return for the investor a Savvy land note buyer will want a 20 to 30% apr return on land only notes. 

Whenever you are spending a dollar from the business, you should be saying to yourself "In what way does this expense return more than I spent?"

Now, if she did that in a prior year, you technically would have paid less taxes than you should have and will likely need to amend your return.

Work with a CPA to optimize your tax returns to reflect sufficient income for future loan approvals.

The other picture (with the green boxes) is the return for possible scenarios - MTR, STR, LTR - but all have negative cashflow.

And yes, sometimes you have to pivot depending on other parts of your portfolio.The issue is that a flip is higher end finishes and amenities than a long-term rental so you could overdo the market if you have to rent it and get less of a return for the finishes.

From there, I would like to explore house hacking/the BRRR strategy, but I know there are rules, regulations, and connections I will need to make all this happen.If anyone is willing to have a conversation or thinks they could use my help in bettering their real estate business in return for some advice, I would love to at the very least create some new relationships.Here is my 2.6 cents adjusted for inflation...What about getting a realtor license?

Scope of services: do you just want the tax return done or do you want tax planning?

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