I am mostly interested in wholesaling mobile homes, creative financing and group homes.

I’m not currently working so my income is basically the 300k + (28k gross or 15k net) from another rental property. can I do a cost segregation to offset my tax bill incurring from the Ira withdrawal for 2024? 

Did you get fixed rate financing back then, or did you have a floater?

when you buy a property you'll have a down payment, closing costs,  rent-ready costs, costs to get set up with a PM, a commission to place a tenant...

What is considered a good goal for return on equity in a property?

Furthermore, you'll obtain better financing rates/terms with a primary home loan than with an investment mortgage product.To get the ball rolling, connect with an experienced house hacker and investment-focused real estate agent in your market ASAP. 

The city recently inspected the property and determined that a converted garage was poorly constructed.

The owner is responsible for any damage to the property that wasn't the fault of the tenant.

@Sven ZimmermannTo prepare for investing, define your investment strategy, research your market, understand financing options, network with experienced investors, and take next steps.

Before I looked at the deal, here's what I asked from him:The purchase and sale agreementRehab breakdown documentation2 HUD statements of previous dealsDeal info (Property profile, funding, security, repayment plan, etc.)Title company involved in the transactionWhat I also asked for was a term sheet from the hard money lender that was lending at first position.