You have the most to lose now since you'd be out all of your investment if the FC goes ahead.

Your best teacher will be experience and that can't come from books and formulas. 

The rental market is already showing signs of recovery:Spring Is Coming: Historically, the rental market picks up momentum in the spring as tenants prepare to move during warmer months or ahead of the school year.Early 2025 Trends Are Positive: In just the first week of January, we’ve seen a dramatic increase in rental applications, suggesting pent-up demand from renters who delayed their searches in November and December.What Landlords Can Do NowTo make the most of this recovery, consider:Refreshing Your Listings: Update your photos, descriptions, and pricing to ensure your properties stand out.Offering Incentives: Temporary discounts or move-in bonuses can help fill vacancies quickly.Being Patient: The market is already bouncing back, so don’t panic if your property takes a bit longer to lease than usual.What’s been your experience?

Getting a base 8-15% return instead of 2-3% before actual “profit” puts you way ahead of the cash buyer. 

Quote from @Makan A Tabrizi: Quote from @Marcus Auerbach: We try to get ahead of the issue by preventing it in the first place.

Full speed ahead!

Here’s to a fantastic year ahead!

I perhaps naively went ahead with the registration and inspection after completing purchase of the home, and wound up with a hefty repairs bill of around 3k.

If well, go ahead and try it.Otherwise, why deal with MORE headaches?

If you do not have an FHA mortgage then go ahead and apply for one on the investment property.