I would work with a trusted, investor-friendly real estate agent who may be able to help identify which areas this could potentially be (as far as zoning).

This setup allows me to maintain my current income while being physically present in Missouri to actively manage our real estate investments.My BRRRR Strategy:My goal is to identify single-family homes or small multi-family units that need some rehab work, ideally in neighborhoods with strong rental demand and growth potential.

Property Details: Property Type: 6-Unit Apartment Building Building Area: 4,500 square feet Lot Size: 3,050 square feet Depreciable Basis: $1,000,000 Placed in Service: July 2021 Results from Cost Segregation Study: The study identified various components within the property that qualified for accelerated depreciation, leading to substantial deductions in the first year.

Investors who can identify undervalued properties and focus on long-term rental income are likely to find success.Looking ahead, market conditions will likely continue to evolve as interest rates stabilize and economic factors shift.

On my schedule is to start identifying and researching the top RE pros (Agents, Brokers, Investors, Property Managers) here at home and in the markets within a driving distance (Huntington WV, Lexington KY, Columbus OH, and Charleston WV) and start weekend visits just to drive around.

It involves the fact that the taxing authority and the law firm that they have contracted with to handle the tax suits just do not identify all of the owners who are entitled to be notified that the property is being foreclosed on.Tax sales are usually a mess.The tax deed itself even says that it does not even claim that the property exists, as well as not guaranteeing that you are receiving title.The only way you can be safe is to have a title company do a title search for you.I hope this helps.Good Luck.Michael Lantrip.

But I haven’t identified the properties yet, which lenders usually want to see through a formal application. 

We identified it as a promising deal that could be transformed with the right renovations, allowing for a substantial return on investment with strategic improvements.

These areas may offer better long-term appreciation potential.Specific Neighborhoods:Research Local Demand: Talk to current students, university housing offices, and local real estate agents to identify neighborhoods with high demand for student housing.Check University Plans: Universities sometimes have expansion plans that can affect housing demand.

One way to navigate this is by identifying multiple potential replacement properties early, giving you more flexibility.