As long as the person hasn't used RAFT in the recent past then RAFT will cover up to $7,000 for first, last and security as long as they qualify.

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.

No there is still one person living there right now. 

I invested in 7 syndication funds in 2023 as a limited partner with the expectation that I would generate first year losses from cost segregation that I could use to offset my gains on my personal real estate investments (self storage). 

Typically that's the roll of a business broker vs real estate agent, although sometimes one person does both.   

You may know this already, but out-of-state investors are also sometimes surprised by Texas’ “high” property tax rate (but no personal income tax).  

You don't want a person living in a place with that in the basement.

Love hearing about the personal goals as well!

Hoping to start flipping homes personally as well! 

However, the value of your labor generally cannot be included in the cost basis for depreciation purposes.Accelerated Depreciation: A cost segregation study would identify components of your property that can be depreciated over shorter periods, such as personal property and land improvements.