Your program sounds spot on, I like the "graduating" to less restrictive properties, but initial intake into the most tightly controlled home.The NIMBY factor is certainly an obstacle, but can be overcome with persistence (of legal action to enforce one's property rights, assuming one is in a correctly zoned area).something that could be added is work outreach program, as the ability to find work after recovery is obviously critical.

It sounds like you found a property from a wholesaler but are looking to get comps on the property.How will the agent who will run comps get compensated?

You are not alone...this sounds like a story we hear every other week in Chicago. 

For a 1031 to qualify for the tax deferral the same taxpayer needs to be on title for relinquished property and replacement property.

I’ve heard that a debt settlement attorney can help negotiate with creditors to reduce the total amount owed, which sounds appealing, but I'm a bit unsure if the cost is worth it, especially since some charge high fees.Has anyone here worked with a debt settlement attorney?

Hey everyone here's my story which almost sounds like it comes from a movie: we bought a house close to Atlanta airport through a wholesale company for $139,250 in August 2023 and we used a fix & flip loan to fix it up, refinance, and rent out.

i.e. deductible for a roof replacement or replacing an HVAC unit or replacing a hot water heater? 

Hey John,Sounds like the answer would be to utilize a DSCR lender that utilizes either pre-established STR rental income (if you can prove with AirBNB/VRBO statements) or a few that are still UW with AirDNA or a similar STR income projection program.I am aware of a few still doing it at this time, and if you can show that you know what you are doing you shouldn't see much of a cut in LTV if at all.Happy to connect and see if we can help.Good luck!

Buildium offers comprehensive property management and accounting features, so many users find it sufficient to replace QuickBooks.

Your plan sounds well thought out Cory!