This type of review sells your property before price even becomes a factor.

I’m a business owner and aspiring real estate investor looking to learn, grow, and connect with like-minded people.

You will realize the loss for tax purposes when you sell the security, which it sounds like will happen in 2025.

for double closing you would need your funds to buy then sell it to end buyer at premium. there are transactional funding companies that can lend the cash for a fee.

As @Daniel Hyman said, getting into the 3+ property range can overwhelm people and take too much time.

If you don’t like it, you can always pivot and sell, convert to a long-term rental, or move into another investment strategy with the equity and knowledge you’ve built.Starting this way means you’ll go through every key step: finding a deal, securing financing, managing tenants, and understanding property operations, but in the lowest-risk way possible.

Quote from @Jason Weidmann: Hello BP people.

Business Continuity: If you invest with partners, a properly structured key person insurance or buy-sell agreement funded by life insurance can ensure a smooth transition if one partner is no longer around. 

I’m looking to find all sorts of people to work with, contractors, agents, private lenders, staging businesses.

When I am looking for a new investment property and am strapped for cash, I typically look off-market and try and find something that can a seller is looking to sell that needs minimal repairs to be rent ready and the purchase price is 80% of the ARV this way I can use private money to buy in cash, do the repairs needed then refinance on a DSCR loan and pay off the private money loan.