Also, the owner expressed concerns over the capital gains tax early in the discussion...so I am thinking the opportunity to do vendor financing will help me get a good purchase price and help the vendor with taxes.  

If the spouse does not sign, it could complicate any future claims on the property or the loan.2.

Your current home would rent for $1800 and PITI (principal, interest, taxes, and insurance) is $1250.

Turn-key would likely be the smoothest, but I am open to a fixer upper if the numbers work.As far as the unique funding, I am an equities investor with accounts held in trust and therefore my taxed income is quite low which limits my options unless I opt for a portfolio loan or separate entirely through a DSCR loan.

It went up for tax sale Nov. 2023.

You can dig into cash flow projections, tax benefits, ROI calculations, etc.

It is always better to start with a multi-unit 2+ so that if something goes wrong, you still have one tenant to cover necessary expenses (mort, taxes, insur, etc).Also, major renovations are not a great idea for starting out as others said, especially out of state.

People always go for the cheapest financing, quit claim in to an LLC and go about their lives, when they've essentially done nothing to protect their personal assets. 

2️⃣ Property Tax Deduction: Claim up to $10K for state & local taxes.3️⃣ Capital Gains Exclusion: Sell your home?

Don’t forget you’ll get 20-30% of the rate increase back in tax savings.