Consider putting the property up for sale and get your life back on track, then try investing again.

Purchase price: $68,000 Cash invested: $70,000 Sale price: $195,000 I purchased a long-term rental property from the MLS that had multiple contractor issues and significant delays.

You can always sale on your date and convert appreciation to monthly cashflow.  

For a 2 unit, an appraiser will rely on comparable sales, but an investor looking for cash-flow may care more about income.

Right now, the best offers around me are for some 1.3-4 million, that only generated around 100k per year gross, so there would be a high chance of not cash flowing, and paying money, especially with a commercial loan (these buildings have more than 4 units).I was thinking that although the rental itself does not generate money, I would be able to deduct the mortgage interest, and depreciation from my personal w2 income and would be net positive.

Plastiq asked me to send them the title company's contact info, and upload the final closing docs and the purchase and sale agreement with any addendums.

Mastering off-market acquisitions, sharpening your sales skills, and structuring deals for maximum profit. 

To defer all tax you must purchase in total at least as much as your net sale.

I want to minimize my leverage as much as I can for my first one, just to give me the best chance of success.Got it, @Geoff Engel!

Purchase price: $137,000 Cash invested: $90,000 Sale price: $285,000 This was a single family home in Bates Hendricks.