Challenges?

While the 1% rule can be a helpful guideline for some investors, it's essential to note that market conditions vary greatly by location, and finding properties that strictly adhere to this rule might be challenging, also in Richmond.

Option is to open the wall, treat, encapsulate but not with kills, use a product like fiberlock, but you MUST allow every step to dry well otherwise its all useless.

I guess I could look at it as this would be a good opportunity to test my chops at something more challenging than a single family rental with minimal risk.

The second step is sometimes harder then making the first one.Thank you,Gershom

The labor market is still challenging (and not showing signs of improving based on the escalating average age of most contractors).

Your first step should have been to apply the February rent payment towards January.

Think of this for what it should be, flipping your "cash".Third, as your cash increases, take some (NOT ALL) of it and invest in cash flow,...the rest keep flipping, repeating steps 1 and 2,...and then 3 again, until you reach your financial goals.REI isn't a series of one time events, it's a system of continuous steps, all leading to a specific financial end result.

I hope to get passed the analysis paralysis and actually take some steps to get on the road I want to be on.

Every journey of a thousand miles starts with one step.