Being a lender for 10 years, all is that we required from the title company and the lender is that a notarized close was to take place. 

A large ticket item could eat up the cash flow for years out.  

I've sold, owned and renovated plenty of plexes over the years and would be happy to chat if you'd like. 

I get 2 or 3 bookings in a whole year from them.Given my high prices I am happing with the simplicity of getting the bookings from VRBO I do advertising other places such as local FB groups for Lake houses.Ultimately VRBO is king for me. 

Quote from @Anthony Sigala: Quote from @Jaycee Greene: Quote from @Anthony Sigala: I am seeking a loan on a LTR that has a rent to value of 1.3% with the potential of 2%. 30 year amortization or interest only.

You may be required to make estimated tax payments when the property sells.It depends on what your 2024 total taxes due were and 2025 estimated total taxes / withholding / estimated payments are.If you pay in atleast 90% of the current year tax or 100% / 110%(Depending on 2024 income), you are normally considered good.You may want to consult with an accountant for more clarification.

I wish you would have told us the year, it makes a huge difference.Anyway, everything you mention, plus 1) get a camera run on the sewer line, 2) make sure the Elec panel is newer and sized correctly (a lot of HIs will just say if it's functional or not) 3) Foundation ( is it slab or raised?)

I’ve specialized in working with real estate investors for many years, and I’d love to hear more about your goals.

With 20 years of experience managing 30+ long-term rentals, a few STRs, and running a property management company in Central Florida, I’ve learned both have their place in a portfolio if you diversify based on your risk tolerance and the timing for your goals.

My company currently manages 15 properties, with 20+ leads in the pipeline, and we’re expecting to double our portfolio this year.