Waco’s housing market is heating up—what strategies are you using to find undervalued properties before they hit the open market?

The cost to heat the property runs $1,200 a year.

Hi, I just want to understand if I bought a property (quad) and received rent while I started the capital improvements .. can I deduct the expenses of the rehab still?

I'm sure this answer varies by state (I'm in Alabama), but I was wanting to know how everyone handles this situation, whereby a Tennent moves their trailer onto your property, then at some point later stops paying lot rent for whatever reason.

Quote from @Michael Lynch: People rarely talk about the amount of effort involved in operating a STR.Never sell a property unless you have a clear plan to reinvest the money into something that will perform better or move you closer to your goals.

I'd love to do it scared and take a risk with a small property to get my feet wet and build my confidence.

I am a single mom but have been working hard to become familiar with this new world, and my long-term goal is to buy more rental properties over the next 10 years.

you just want a plain, vanilla long term rental managed by a professional property manager.

We use data from Airdna as well as Airbtics, MLS data for tax savings and property info, and also long term rental comps data. 

It would be helpful to know if you are talking about turn-key properties, or value-add properties.