Message me and we can cover all that and where I think you'll be best served investing in our market and similar markets in Texas as well as best practices.

@John DavisCongrats on closing on your first investment property!

Two concerns:1) How much of the repair investment would you get back?

Mainly 4 types of client buyers I have right now.1. 1031 buyers converting active assets like SFR and apartment buildings like NNN with long term tenant with primary lease and investment grade credit.2.

Investment Info:Single-family residence fix & flip investment. 🏡✨ Downtown Rochester Rebuild – Coming Summer 2025!

Capital loss carryovers can only offset capital gains, which usually come from assets like stocks, investment property sales, or business asset disposals held for over a year.

Investment Info:Single-family residence fix & flip investment.

If you see someone violating the rules, create a post with "@moderators" and we will receive a notification and respond.Again, welcome to BiggerPockets and happy investing!

@Thomas FarrellRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

@Frank BonghanIf you're new to real estate investing and focused on commercial properties, learning how to analyze property valuations is a great first step.