The main factor is will rents cover the debt liability and can you sustain 3-4 months of no income to cover the debt? 

Having a main water source available is pretty important and not having it could affect your reviews.

Mainly because of increased competition coupled with high interest rates.  

Now we're seeing investors pouring money into buying Class C rentals - but, many are getting burned.In our experience & opinion, the main determinant of property Class is not location or even property condition, those are #2 and #3.

Main questions would be, how long have you owned this and is there any rental income reporting on your most recent return.

Imo, this is the critical element.

A tidy profit, plus confidence to tackle the next project solo.On the topic of self-directed IRAs: While they’re fantastic for gaining experience and diversifying into real estate over time, they can feel restrictive if your main goal is scaling quickly.Here’s what I’d focus on:Using Equity Wisely: A HELOC or cash-out refinance could unlock funds to pursue a flip or duplex without touching your 401(k).Partnering Smartly: Your realtor friend sounds like a great resource.

I'm not sure if we can like to articles on our own websites here, so to be safe I'll just suggest the IRS web page, which does do a pretty good job of explaining the basics: https://www.irs.gov/taxtopics/tc510The main thing to know if you're going to claim business miles is that you do need to keep a log of every business trip. 

Keep the main structure but open it up for shelving. 

UPS box is more expensive, but can do more things such as used as a business entity's main address on record.