For new build to rent properties, expenses are generally lower than for older homes, but it's best to remain cautious.

Quote from @David O Smith: I have a property that is free and clear, with no liens.

Purchase price: $50,000 Cash invested: $35,000 Sale price: $121,000 Contributors: Peter Vekselman Partner Driven and Kody Higginbotham purchased the W 10th St property in Crowley, LA, for $50,000 on 8/27/2024.

This allowed me to build a relationship with that seller who had the two adjoining properties.

The type of property that i am most interested, is Single Family properties & 1-4 Multi-FamilyInvestment Strategy: Out of the options you provided, I am most drawn to rentals.

Purchase price: $307,000 Cash invested: $118,000 Purchased in January 2021, we successfully renovated this home to create a premier vacation rental property.

“How come my tenant was awarded my property as compensation after they were injured falling out of a 20 foot tree I told them they had to trim?”

My property is on all platforms with Evolve. 

Can the property be legally rented long term (over 30 days)?

I would sell, pat yourself on the back for making good equity, and turn 1 property into 2.