@Ali L. actually, in our experience, the problem is investors buying Class C & D rentals expecting Class A results.

Create a Solid Business Plan: Outline your investment strategy, including expected rental income, expenses, and occupancy rates.

Expecting an established CPA to give you a free personal consultation on the phone is not realistic.

i just wanted to address wholesaling to help set your expectations, as i've done a little bit of it. 

- We experience many owners buying Class C rentals, yet expecting Class A results - that won't happen.

Get that management company nailed down now, as they should have better marketing strategies so you can take those off your hands, and it allows you and the management company to align and manage expectations from day one. 

You may have to adjust your expectations. 

The Fed signaled that it will cut the rate by another half a percentage point this year and expects four more cuts in 2025 and two in 2026.”I don’t have a crystal ball here… but logic suggests as rates dip into the lower 6s, and then 5s, potentially into the upper 4s, buyer power will increase.

If your monthly income is $8,000, you could get approved for a mortgage payment of around $2,000–$2,500.Credit Score: For investment properties, a score above 700 is ideal.Down Payment: Investment properties generally require a 20-25% down payment, so for a $300,000 property, expect to need $60,000–$75,000 in cash.

I'd be happy to share our numbers and let you know what to expect and to look out for if you're thinking of going the arbitrage route.