I'd start by refining your search criteria, researching the surrounding markets, and comparing them to what best fits your needs, etc. 

How do you plan to operate it?

It was honestly luck, I didn't know much about real estate I just knew I needed a house that was unappealing to others to be able to buy it and have it fit in our budget.

Sound like some people we’ve previously “engaged” with.The second criteria is if the deal is a “fit” for syndication.  

Wasn't planning on camera there, great call though! 

How do you plan on finding your deals?

What type of property do you plan to purchase(Single, multi, commercial, etc) and where do you plan to buy it?

A revocable trust offers excellent estate planning benefits but provides limited liability protection and no tax advantages, while irrevocable trusts provide stronger protection but less flexibility.

Most will not do 100% loan-to-value so plan on something less than that for the loan amount.2.

However, the tax treatment differs between short-term and long-term rentals:Short-Term Rentals (STRs): If you materially participate (work 100+ hours and more than anyone else on the property), you may be able to offset rental deductions against W-2 or other active income, offering greater tax benefits.Long-Term Rentals (LTRs): If your AGI exceeds $100K, your rental losses may be limited, unless you qualify as a Real Estate Professional (REPS).If you plan to expand your rental portfolio, consider an LLC later for liability protection and easier management.