If you're open to furnishing and giving mid or short term renting a shot, that makes it easier to get a property to pencil in year 1.

It's out there but don't expect favorable terms. 

However, this recommendation could change based on specific interest rates, your personal financial situation, and long-term goals.

In real estate (and life), the "under promise and over deliver" principle is crucial for building trust and fostering long-term relationships.

It doesn’t matter to me if he is or isn’t represented and I told him that it only changes the terms of the deal and how much he gets, my offer is the same.

So let's try to break this down for you.In a nutshell, depreciation recapture happens when you sell an investment property for more than its adjusted basis (the original cost minus accumulated depreciation).

The property has an existing long-term tenant and is cash-flowing.

Go make a deal on your terms, not the auctioneer's terms or the banks.Call or write if you need some one on one.Charles

I'm originally from Sugar Land!

Originally posted by @Mark Totzke:Hi - I use Renters Warehouse to manage one of my single family homes in MN.