How many hours do you spend managing the property vs. others, etc?

As long as you can afford to make the repairs within the next year or so and you're not spending more than the house is worth, I would move forward with the purchase.

Here’s a rundown of my current situation:- Own an S-Corp (landscaping) generating 70k a year- 160k in available cash funds- Credit score around 720- Zero debt- Own one property valued at 365k, 30% equity- Property is rented by the room generating $400 a month after mortgage and taxes- Additional 590sqft house is being built in rear of property for 60k.

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.

I’m an OOS investor and I’m sending my realtor over to inspect these properties to see if either one would be a solid addition to my portfolio.

Additionally, I have an LLC established and currently hold a business credit card with a limit of $15,000, as well as two personal cards for $4,000 and 3500.I have before and after pictures of my fix and flip, if needed.Any advice or insights on potential funding sources or strategies would be greatly appreciated!

You can sue but you u are gonna spend just as much on legal going after the wholesaler or owner and most likely they have no money anyways so you are chasing a ghost.Unfortunately this happens and this is why you should also follow your checklist and not take shortcuts when buying a property

Additionally, negotiating with hard money lenders for better terms or seeking out smaller, local lenders could also help.

Additionally, they may have good cause eviction protection depending on where in upstate NY. 

As I’m starting my real estate investment journey, would it be a wise decision to rent out my primary residence and seek a temporary rental for myself while I save money to purchase an additional property for investment?