Houston, in particular, saw a significant dip of 16.6 percent, surpassing 1,000 lost sales in December.It's crucial to highlight that, despite the downward trend in rates, they remain elevated, creating an affordability challenge for prospective homebuyers.

Not a thing, it's almost impossible to reach that 1% rule, you have to go into the suburbs.

We'd like to contribute these assets to the partnership to create basis for equal shares of the partnership.

The amount of bonus depreciation you can take may change each year - 2023 the amount is 80% (but there is legislation that may change this to 100%).Actively managing the property doesn't change the IRS rules on whether or not an asset is eligible for bonus depreciation.

Also it creates problem, lets say in one zip code we had 100 homes, i would say 80% of the settler in that area would not even able to pay the mortgage if they have to adjust to today's price. this would create unique problem where they could be cash poor but having large equity (think like baby boomber that purchase 125k homes in santa clara in 1981), since they can no longer afford to pay mortgage, hence they prefer to sell, they can get 1-2 mil easily and  then rent or buy elsewhere, live in florida for sure.

Stay in the loop on local trends and rules, and perhaps consider unique offerings to stand out.

The only scenario in which we would consider wholesaling a property with tenants is if the rent is already at market rate and our selling price meets or exceeds the 1% rule.

Property Selection: Choose your septic system wisely, as not all properties are created equal.

Have you considered creating an investment syndication with you two as General Partners and soliciting Limited Partners from all over the country to fund the purchase/Rehab etc.

These will have a mortgage default rate of zero. https://www.nar.realtor/blogs/economists-outlook/cash-rules?...