I personally like the buy-and-hold strategy and we help clients who share this long-term, wealth building mindset. 

Have the tenants take and send pictures of any maintenance items and video chat with the repair person as needed.If you ever get in a situation where you just feel like you can't do it or don't want to do it, you can always put a PM in place at any time. 

I financed the acquisition of the land with personal and private money.

It does have Power dialer and when leads come in, I know it's from that person that integrates with my CRM.

One person's crazy is another person's sanity!

So when you build your pocket neighborhood, which is an interesting concept, what's to stop an undesirable person from moving in.

Personally, I advocate for a long-term investment strategy and would recommend investing the funds, provided you are comfortable with the expected return on investment over time.

Personally, I would keep the property but I don't know your situation and if you could better use the money elsewhere.

Even if you personally have just a modicum of design aesthetic sensibility, after reviewing 20 or 30 properties, you will quickly be able to get a sense of the winners.My 2 cents,Mike

Which is very complex and costly and likely warrants professional help.Now, if it's just you and your spouse, then your 2024 tax preparation is likely relatively straightforward:- you will create a Schedule C on your personal tax return- you will NOT report any costs of purchasing the property or its rehab, not in 2024- you will report your business overhead expenses such as marketing, driving, technology etc- you will end up with a business schedule showing zero income and some expenses - not breaking the rules but potentially raising an audit flagCan you do it yourself?