RE Professionals should prepare for an active Q4 and investors looking to close deals before year's end are recommended to get their financing and property search profiles clarified, and then...step on the gas. 

Don’t assume they are valid, especially if your borrower uses unlicensed contractors, but understand what’s going on and what you might eventually contest or pay.Verify property taxes have been paid.

So just always good to check but use enemy method to validate or find comps with historical financials near by.

Hi @Cj Powderhorn,Your concerns are certainly valid for Cape Coral regarding the excessive time on market.

Great info to have and I'm glad you were able to validate that the first person was the right fit!

Each unit has its own electric panel, gas meter, furnace, water meter.

Plus, the fact that you wouldn’t have to bring money to the closing table is a win—some investors have had to do that just to move on from a bad decision.That said, if you can hold on, cover the mortgage, and keep repairs manageable, it’s likely just a matter of time before values bounce back—especially with the projected rate cuts.Both options are valid, and there’s no right or wrong decision here.

That may be valid in situations that you have been in, but that mindset doesn't apply to every deal so the blanket opinion to just "cut losses" and "move on" is useless.Wrong. 

Yes, I know bonus depreciation is 60% for 2024.My questions:1) Does this sound valid, or are there many more complicated steps for this to work?

I mean, I’m not gonna run the hills and cities claiming it’s validity however I wouldn’t give it one star.