If this is the case the items your sister can help you with at your rental would be very limited without bridging the gap to doing Property Management in Arizona and potentially getting sideways with her broker or the Department of Real Estate.Happy to answer any further questions.

So much potential for 2024 and it's exciting.

.- What are the potential problems other than not being there in person 24/7?

But agree that the condition of the roof could be an issue for your lender and your potential insurance carrier.

The ARV still looks REALLY good with purchase price, rehab and potential fair market rents......BUT I live in Florida and need a COMPLETE team to be successful if I was to purchase this property....which brings me to you guys!!!

Each requires a unique set of skills.Identify potential investment propertiesAccurately estimate probable rent and time to rentEstimate ROI and cash flowIf the candidate property does not meet the return goal, look for another one.

I'm looking to buy a duplex that is currently rented and livable but needs renovations to bring it up to its full potential.

I would speak to your tax advisor on ways to potentially avoid this.

I have a potential opportunity that I'd like to run past the brilliant minds of BP....I'm a sub to/wrap virgin, so be gentle.Seller is a friend and purchased this townhome direct from landlord in May of 2022 for $206,000(200,000+6k in closing costs).

Choose your investments based on their growth potential and their risk.