I am five months in quieting a title on a home/property that was initially obtained by my father in a tax sale.

Everybody wants a home run on year 1 of their first deal which is why many never get started. 

I specialize in single-family homes and long-term rentals that are turn-key ready in over 10 markets.If you'd ever like to connect or have any questions about turn-key investing, I'd be happy to help!

We are also close to pulling the trigger on acquiring another nearby single family home for a second STR.

What're the steps which need to take place to complete the home purchasing process?  

Quote from @Samuel Kim: Hello i am a doctor who wants to use cost segregation/bonus depreciation on my 9 rental houses, my home maker wife wants to meet the 750hr test to obtain real estate professional status and material participation.

HELOC is an acronym for "home equity line of credit".

We stick to high quality neighborhoods and homes and are doing really well with it.

Deal 2: Duplex (older home that needs TLC in good location)Purchase price: 120k, Rehab 40k, Total all in: 180kExpected Rent: $2,400/month to $2,700/monthDeal 3: 5 Plex (is that even a word?

Detroit also has a population nearly 2x that of Cleveland.Meanwhile, the median price of a home in Detroit is ~$95k while Cleveland is ~$160k.