As you mentioned its a tiny bit more complicated, and there is a question of change of ownership if your currently holding the property in your name.

Is it Buy and Hold or Flipping or Short Term Rentals?

I’ve received a number of responses from investors essentially stating that they use a simple buy/rent/hold approach in small residential properties, and have accumulated net worths in the 1 - 3 million $ range starting with just one mortgaged SFR. 

You can achieve this by regularly checking the Search Terms report, routinely searching for your brand on Google, and pulling the actual keywords that are converted in your CRM.

Investment Info:Single-family residence buy & hold investment.

Anywhere else I'd recommend a regular fence that'll be low cost and efficient

Memphis holds a lot of hidden opportunities for out of state investors who are looking to build a solid rental portfolio.

We're looking to renovate something before the end of the year to accomplish 2 things: 1) Improve home value so we can get appraisal, refinance and leverage that to buy a new property. 2) Take advantage of the tax credits that are out there in 2024 before the new year or is it better to wait until 2025 and just hold onto the cash I have at hand.Here is a list of renovations that will need to be done eventually:*Brand new basement kitchen (cabinets + add seating area - we already have brand new dishwasher, fridge, gas oven)*New standing shower in the basement bathroom*New Siding*AC/Furnace for unit 1 are close to end of life but still functioning*New Fence/landscaping*New Windows for the basement*New Garage (unstable, concrete shifting, very old)*Solar Panels on the roof (There is a $0 down payment lease option w/ sunrun, but I'm hesitant to move forward)*Renovate master bedroom closet for tenants (it is old & has built in entertainment center that is very dated)*Repair Catch basin*Adding better drainage system for back door.Greatly appreciate any help, insight or advice!

I'm not a purchaser, I'm a lender that initiates and hold foreclosures.

Good to see someone starting at such an young age.Try to see if you can get hold of a copy of The Millionnaire Real Estate Investor By Papasan and Keller.Also look at Real estate meetups in your area and Facebook GroupsThese help a lot and once you build  your network  I am sure more doors will  open to you