She is 1099 her 2023 taxes are great but 2022 has quite  few deductions and does not have 5 years of the same 1099 experience.

You might end up paying taxes on the personal side for money you wouldn't even distribute to yourself. 

You’ll be lucky to get this as a newbie.These total $188k and don’t include property & title insurance, closing costs, property taxes, utilities, staging, and all other misc. costs

The best I know of (and we can do this) is 15% down, but even then in this high interest rate, high tax, high insurance environment it's really hard to get a property to cash-flow positively without putting a lot more down.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

it’s a closed system and  no clue what’s happening behind the scenes.they have unpaid tax bills on their properties and they have taken loans on top to pay those bills because the property revenues can’t cover those bills for example this one https://www.lofty.ai/property_deal/4318-Clybourne-Ave_Clevel...

After talking with the seller, Furnace needs to be replaced, part of the roof is 3 yrs old/ most of the roof 18yrs old, plus back taxes of around 5,000. 

Still very close to CA but no state income tax, property taxes DO NOT reassess on the sale (4th lowest property taxes in the US), much more landlord friendly, diversified job growth, population growth, and Reno doesn't have as severe of weather in the summer as Vegas.

Factor in the cost of property insurance and taxes, as these expenses can impact your cash flow.

Option 2: Purchase additional properties and build portfolio I know that there are some tax implications to no having the mortgage payment to consider.