I do not worry much about "hurried or sloppy work" because it is also in my contract that all work must pass inspection, which may include the city / county (for permitted projects), lender and myself.

With this structure, lenders can offer more favorable terms, including lower interest rates, making your investments more profitable in the long run.

I think you forgot to include the question.

Big red flag would be her telling you not to come to town.

Just make sure that you include this requirement in your costs.

It cannot be offset by rental losses, including cost segregation.

I purchased a duplex in Saginaw from them in late 2023 and should have seen the red flags from the start.An early red flag was when my contact Katee was doing a video walk-through of the property that I ultimately purchased.

@John Zhang If your wife qualifies for Real Estate Professional Status (REPS) and materially participates in managing rental properties, there is no limit on the amount of rental losses, including depreciation, that can offset your W-2 income.

Buying a second home to rent out is a solid strategy, but be sure you understand the cash flow, including mortgage, taxes, and potential vacancies.

Charge the tenants a higher rent rate and include utilities with their rent.