Decide on pricing with contractors before any additional work is done.

Additionally, I would appreciate recommendations on the professionals I should contact to assist with this transfer.Thank you in advance for your help!

To really understand all the critical considerations about the borrower you should review prior to funding, I suggest you check out my book Lend to Live: Earn Hassle-Free Passive Income in Real Estate with Private Money Lending published by BiggerPockets.com.

Future income from a pending divorce?

Additionally, if anyone has experience financing real estate investments in Memphis or knows of any local resources or experts who can provide guidance, I would be very grateful for any recommendations.Thank you in advance for your help and guidance.

Additionally, DSCR loans do not use DTI to qualify, nor do they report to credit agencies.VA loans and 203K loans also have their own advantages, so consider those options as well.Good Luck!

Flip income ("Real Estate Dealer") is classified as ordinary income and as a result not eligible for the Section 121 Exclusion.

I been investing since 2017 and my rental income is 100% of my income.

One of the books I have read suggests that I should use a separate banking account to handle all the income and expenses for one rental property, even if I do not use an LLC.

. - Going further out Brentwood and Oakley have appreciated quite a bit and have pretty good schools- Something with potential to add value: ADU attached to the main house or separately in the backyard in the future to get additional rent.