Once that is ok'd by all parties then loan docs are generated and sent to title.Title sends the title docs to you or you can go to their office and sign. 

I completely understand the idea of its building a business.

Do the proper due diligence on ARV, estimating rehab costs, closing costs, holding costs (to name a few) and you will have a good idea on what the purchase price should look like.

Padsplit seems like a neat idea to me, but seems expensive. 

Thanks to everything I’ve learned from the podcasts, books, and this community, my wife and I currently own:A triplex in MaineA single-family rental in San AntonioA single-family primary residence in Las Cruces, NM, which will become a rental when we move in a few monthsFor context, I'm an active-duty Army officer with about 12 years left until retirement, and my wife works for a university in Boston.

Maybe find a good designer that can provide services to install and setup the spaces.A lot of these ideas are going to depend on where you are buying.

Property management can definitely make or break things, so it’s inspiring to see how you’re prioritizing that.Looking forward to learning more from your journey and sharing ideas as we both navigate the real estate world!

Connecting with an investor-friendly agent in your chosen market is also a good idea.

Do you think that’s a good idea?

Fred, something to look out for is if this depreciation clock resets with the new administration in office. 2025 it went to 40% but the benefit would obviously be much higher if it goes back up to 100%.