First step is always to cut the water source and fix the leak asap.

Cut your losses and free up capital.

On average, we see rates eventually drop to around 37% lower than where they started at the 1st cut by the end of the rate cut cycle.

If not, cut it all out and put down some strong sturdy plywood.

Their home has been vacant for over 4 years and is uninhabitable as the city water dept cut off service due to a faulty septic system spilling sewage in both our backyards.

Focus on the big moves: security, renovations, and cutting dead weight. 

Cut rates until it rents.

However, HOAs can also be a double edged sword with fees, restrictions on rentals, or even special assessments.For flips, condos might have less upside since you can’t control the overall property value like you can with a single family home.

Most of the tax experts who specialize in real estate work completely virtually these days.That said, a local CPA probably does have an edge if your state has state income tax and especially if your city has a local tax on top of it.

I've wondered that myself and thought: If an investor was looking for birddogs why would the birddog have to pay the investor money before they began securing leads for the investor, that the investor would then in turn give the birddog an investor's cut on the profit end???