I take this as opening a regular savings account and using it to just hold the tenants security deposit and informing them about it. meaning you shouldnt have to open and close the account every time the tenant turns over. 

I mostly build to hold.

Additionally, there are often fees associated with belonging to an HOA, which can be an added financial burden.Ultimately, it comes down to your goals and deciding which choice will most effectively support them.

Understanding of Investment Strategies: An investor-friendly agent understands various investment strategies, whether it's flipping, buy-and-hold, BRRRR (Buy, Rehab, Rent, Refinance, Repeat), or others.

Option 1: I was thinking she gets her $650k, she holds the note on a 40 or 50 yr amort loan.

I think mostly due to unrealistic sellers holding onto the home values of a couple years ago.

See IRS Publication 527, "Figuring the Basis" under "Basis of Property Changed to Rental Use" for more information:https://www.irs.gov/publications/p527#en_US_2023_publink1000... the loan on a property does not change its basis (the FMV or the amount originally paid for the property), although as previously stated, you may have deductible expenses related to obtaining the refinanced loan.Regards,Carter, EAPro Support"

Once you identify a property you'd like to hold onto, you can initially finance it through a bridge loan and later refinance.

You can also hold the security deposit for those repairs (if you've stated those terms in your lease agreement).The short of the long here is that they're in violation of the lease and you are able to take action.

I'll split this post into two parts based on your question...NUMBER 1: OBTAINING POSITIVE CASH FLOWIt comes down to many factors, but a few key factors that I have found that have the largest impact on the property's cash flow are below (The below generally holds true for any market.