I wanted something I could fix and flip for the quick capital as well as the experience of managing a project, finding contractors, etc How did you find this deal and how did you negotiate it?

Here's a https://www.irs.gov/businesses/cost-segregation-audit-technique-guide-chapter-4-principal-elements-of-a-quality-cost-segregation-study-and-report to the IRS website noting specific items that are included in the cost segregation study report. hmm, that website is a 404 error.  

It sounds like you may be a better fit for a smaller operation that still offers guided tours.

But since i rarely held more than a year all the others got paid off quickly so I did not have to do all the hidden tricks to try to fool the bank or well not fool the bank or servicer but make it harder for them to figure out I was now the owner. 

I just did a quick search of the area and there appears to be an ample supply of properties with an average rent of approximately $1.10/SF.

Definitely look into places you can get to quickly such as St.

@Josh Ball thanks Joh - plan to do all comms via vrbo messaging Appreciate your quick response

Hi David, If building long-term equity and scaling quickly are priorities, then option 2 aligns better for you. 

Platforms like Angi or a quick Google search can also help you find reliable options.

Are you able to reduce your expenses quickly and easily if needed?