Then once it's acquired and/or fixed up you could shop around for long term financing if planning on holding the property rather than flipping it. 

Although the study may increase the gain, the gain may be taxed at a much lower rate making it a beneficial investment.If a property is purchased with the intention to flip or own for a short period of time (less than 3 years), a cost segregation study may not be significant.Overall, as long as you intend to hold the investment property for greater than a year, the benefits of a cost segregation study should be considered.

I am a buy and hold investor.

Ideally, I would like to use the buy and hold strategy, with a 50k budget to get started.  

Like you a purchased my primary residence in 2017 as an estate sale and landed an amazing deal which still holds a large amount of equity.

I’ve been exploring buy and hold opportunities in my area, and I recently came across a situation I’d like some advice on.I’ve come across a property in my area that I’m very interested in, but I want to make sure I approach the situation the right way.

🔄 The Side-Hustle Timeline: How to Build Your RE Business While Working 9-5Ever feel like your W2 job is holding back your real estate dreams?

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

However, he isn’t much of a dreamer which can often hold me back from pursuing business ventures or ideas.

Also, if you form an LLC to hold the property, you will need a designated agent(attorney) in that state.