Hello, I am new to the BiggerPockets forum and looking to purchase my first investment property this year.

I am the boots on the ground and provide all of the time and my partners supply the money.

Welcome to the Forums, Justin and Reba!

Quote from @Devin James: We’ve slowly been improving our homes the more we’ve built and the more feedback we get from our Buyers2021 – Added 8ft doors throughout the home2022 – Added a new elevation with stone in the front of the home2023 – NO carpet in the bedrooms, LVP throughout the home2024 – Added hurricane impact windows & new color options2025 – Adding Ceiling FansGotta be open to feedback and adjust accordinglyThis can be the difference of your home sitting on the market for 4 months vs 1 month where's the modifications and pictures?

Is it true that marketing and advertising to find motivated sellers could be thousands of dollars a month?

Start by leveraging your skills to identify undervalued properties, perform cost-efficient renovations, and build sweat equity.

And always check social media for red flags and I agree with Vince, always meet a person.  

Primarily desert washes, but also near a creek....So I would go knock on doors and ask neighbors when it has flooded and what they think about the area......maybe call the County water board and ask then what has happened there in the past.

If it’s a good deal based on the comps, and in a good location, then I’d look into a conventional loan and maybe putting a little more down so that it cash flows.

In addition to interest and repairs, you can deduct off a 27 year depreciation on the home.