@Marc YoungWhat catches my eye in your post is this:“I don’t want to have to wait a long time to save more money to buy my second one.”

I'm wondering where I went wrong in the information input sections because this property definitely seems profitable to me but as I'm new to using the calculator I'm sure it's the way I input the property info.

I am a little confused on your post.

BP is a great place as long as you understand that most posts containing preferred locations have a strong marketing bias.

I have identified an ideal location, and the agent has informed me that the rent is $45 per square foot NNN, plus an additional $5 per square foot.Upon calculating the total annual cost, it appears that I would be responsible for over $80,000 per year.

It could be an easy fix like this or a bigger problem depending on the factors at play (are the joists accessible, will it mess anything else up if you just jack it up and reinforce, is there water damage or structural damage to the foundation causing the sag instead of just old joists, anything else going on like a supporting wall or posts under the floor, wiring or plumbing runs involved etc.).

They're going to take the report and hand it over to a contractor to help inform the estimate of repairs.

@Jodi Adams I see it is your first post so welcome to BP.I am not sure there is a legitimate tax sale trainer that is a national player.

Most borrowers that close conventionally can transfer the title to an LLC post closing.

To post a reply, Go to the bottom of the thread and you'll see the space to start typing.If you're directing your reply to someone, tag them.Good luck with the property!!