Also, I’m not into tax evasion necessarily but she’s owned the place forever and has minimal taxes.

Just curious what is the long term plan as far as minimizing tax in later years as the account in pre-tax become huge?   

Hello everyone! I help manage MTR/LTR properties in Indianapolis. Recently, we had an issue where a mid-term tenant moved in and only raised concerns about the property several days after arrival. We always perform a ...

At the same time, I prefer to minimize liability, though I’m not a seasoned investor.Is this one of those calculated risks that investors eventually become comfortable with, or should I prioritize limiting liability from the outset?

However, being two months behind adds urgency and risk, as initial rent payments may delay.

You file for eviction and they employ multiple delay tactics that extend your court case 3-6 months without batting an eye, all while not paying rent.

From there, you will learn exactly what to do with your cash so your risk is totally minimized.

Time is critical, especially in competitive markets.Clear Offer Terms - Present a firm offer with terms that make the seller feel confident that you can close fast, with minimal contingencies or proof of funds.Due Diligence Preparation - Have your financing lined up and know your repair/rehab costs in advance so you can move quickly without second-guessing.

Delays are typically caused by previous landlords or employers who don't respond to our requests for verification.

Both of these challenges can often be minimized with the right team and guidance from an experienced investor.As @Jay Hinrichs mentioned, appreciation is the main driver of wealth in real estate.