The only thing I would anticipate needing in terms of capital expenses in the next few years would be a new HVAC unit which is on the older side, but we have already budgeted for that and have a service contract with a company that manages our HVAC, water heater and oil tank.Am I crazy for thinking that a property management company would be an unnecessary expense in my case?

It was far simpler and easier than I anticipated.

@James McGovern I don’t anticipate the new ruling changing what I pay in commission.

The local agent that was present at the beginning of the project had gone completely silent.Brandon - Back in 2021 I entered into a new build contract brokered by them and after 14 months into a 18-24 month anticipated timeline I had not yet been issued a building permit. 

This has been part of the problem last few years; the market has became saturated with first time investors buying your average 4 bed 2 bath home thinking they are going to kill it self managing, only to realize the returns are no where near what they anticipated and the work needed to self manage is more than they thought it would be.

I would lean towards keeping it given the low interest loan.This would depend on what your anticipated net income would be after the rehab and it being 100% rented.

I'm anticipating having to add 20k to loan to qualify under FHA loan guidelines.

Also, values have generally been coming in lower than anticipated, which is killing many of these deals. 

I don't anticipate needing any capital repairs in the 3 months between purchase and January as the units are in good condition and rentable now.It is also a possibility to do a HML rehab loan as the house does need about 15 windows (houses in this area are all old victorians built in 1800's), this would only require 10% down.

So, hence my interest in trying to buy the redemption rights to anticipate the settlement of the deed.