Like you said in your post, "Buying and holding is a long term strategy...............focus on the end goal"The second reason for trying to get good deals is that if you can get a 10-20% built in equity off the bat, it has the advantage of:- taking a big part of the risk factor off the table- built in equity that can be utilized as required- better cash flowThere are a lot of people on BPs that say that "money is made on the front end in RE".

Not including land or utilities.  

no rent coming in but expenses were low - just utilities and insurance. 

Lender that can help me utilize HELOC to get me started and then help me grow my portfolio through BRRRR in PNW. 3.

Your true asset hunters are in the basement, the yard, the whole property looking for ways to upgrade the asset that others are missing.You are being very smart about your VA utilization, you just want to make sure the asset is right.

So utilities, roads, drainage, entries and other infrastructure costs are lower than in a suburban development.

Like you mentioned , the prices are going down because a lot of people thought you could just buy a property and slap it on airbnb , expecting it to rent well without doing improvements , not realizing that the market would be overstaturated with " C and D " quality properties ( A+ are the properties i'm speaking of)I'm seeing that you can buy those type properties( A+ potential) that have simply been under utilized and 1.

What I am more concerned about is in terms of real estate what would be the best way to utilize the 200k - I want to put that money to work.

If a cost segregation study is done in early 2025 can it still be applied to our 2024 taxes to utilize the larger bonus depreciation?

More specifically can you get utilities to the site?