Otherwise you have to plan for worst possible results. 

So this requires some upfront planning. 

Some of the best deals are in dysfunctional floor plans.

Would love to hear what you’ve got planned for the future.

The process will be slow, but with patience and smart planning, you can move forward step by step.🔹 Property Tax Relief – If your property is severely damaged, you may qualify for reassessment and potential tax refunds.

I would plan for having to put 20%+ down for most deals. 

Share a clear business plan with numbers showing expected purchase, rehab costs, ARV, and rental income.

Bigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

If you are accredited, the best thing to do would be to invest 50k into a syndication and soak up all the knowledge of how it works from an experienced operator before you make the decision whether it's your plan.

It’s a small single-family home in Florida that I plan to BRRRR.