In my market, almost all sellers are still offering buyer compensation so you could hire an agent hourly, pay them, and then the seller will also pay them comp on your behalf so it doesn't really make any sense to do and no good agents will do this in my opinion.

This clarity upfront helps set aligned expectations and creates a smooth start to the renovation process.

@Robert Quiroz, I know this is fairly well covered at this point, but I align with Robert...  

By acting quickly and aligning efforts with Debra’s expertise, we achieved success with minimal challenges, showcasing the power of collaboration and decisive action.

- At a high level often people set goals that don’t align with their overall life goals.

And there is also a hope component involved.

If your leasing application process is thorough and well thought out, and if your lease agreement has been well drafted by your local attorney and if it includes clauses that permit you/your property manager enough latitude to maneuver and anticipate undesirable tenant behaviors, both actions and inactions, and you have operational processes which align with enforcement of your lease, then you've done all you can do to reduce this inherent risk of an undesirable tenant.  

I like the 1% rule it's a conservative approach to underwriting and aligns with my risk mitigation techniques.

The ROI is attractive at 16%, but ensure ARV aligns with recent comps given market trends. 

However, it's important to note that Section 179 deductions typically apply to tangible personal property used for trade or business, which may not directly align with rental property activities reported on Schedule E.