$31k after tax annual income - $11k rent = $20k or $1,600 per month net income left to cover all other expenses (utilities, cars, insurance, groceries, kids, activities, etc.).Median household income for 38128 is $41k or $36k after tax

I say this only to relate activity that sets off alarm bells, not to impugn what you are doing, which is better than 90% of what is hustled around these parts.

Valdosta GA Market Update: Dec 2024It’s been a while since I have been active on BP, but I am back!

We recently purchased our "forever" home together in another county and applied for a homestead but of course we were denied because they found out we had 3 active ones in another county.

Absolutely no screening activity involved whatsoever other than these non-fair housing related mentions. 

My role will be running day to day operations/ property management/ taking calls and running all activities after the rehab.Our initial thoughts are 1/3 equity.Quick Rental details: we purchased the home for 30k.

Greg makes a great point about reaching out to active brokers, those connections can be invaluable.

But choosing a head not to be on one or two may turn out to be the one that gives you activity

Exploring AZ, TX, OH, and FL makes a lot of sense—those markets are active, and Florida, in particular, could offer unique opportunities with properties affected by recent hurricanes.

Probably some predatory or fraudulent activity here that should be investigated.