I’m having to get back into acquisitions mode with this first deal being done, and trying to scale to a slightly bigger property.

They comingle funds, the funds used to buy the house in the first place where not business funds, they often do not even pay the state franchise taxes, do not have the correct formation docs and it goes on and on. 

Scope of first project is simply some debris removal (old shed, overflowing garbage cans, tires, and random items) amd a little paint.I have a larger list but these need to be done ASAP.

Purchase price: $922,000 Cash invested: $40,000 This was my first house hack back in 2022 in Logan Square.

This eliminates a lot of the angst surrounding those time frames.Since you have a full 45 days after your sale to identify your potential replacements that gives you some time to still identify another one even if the first one falls through. 

Quote from @Oumar Yacoub: Hello everyone my name is Omar I’m 24 ,just recently came across wholesaling  and I started doing some research on it and it seem like it’s the best option for me now to get my foot on the door and eventually start doing flips down the road. since I’m new to wholesaling and barely know anything about it what books, YouTube chancel, podcasts, even a course that might help me get on track and learn the fundamental of wholesaling.I always come across some type of strategy of real estate that I might consider to pursue but I never end up staying consistent and taking action but my goal is just to learn about wholesaling and find a way to take action now.Well...first thing you need to do is figure out if this is something that you really want to do.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

However, just yesterday, their insurance company rejected the claim.This is my first time dealing with a situation like this, and from my perspective, I have a few options:1.

Quote from @Jim Wilson: First time as a landlord and have questions regarding depreciation.

I think of VRBO as a little 'higher class', but that might be just me, I am (as you know)  a little biased towards VRBO based on many issues.Also have you noticed the constant advertising by VRBO pushing this exact concept and really selling themselves as the better 'free-er' choices.