It wasn’t how I wanted to kick things off, but I worked with a contractor to get the bathroom fixed and functional.Once that was behind me, I focused on improving the building and maximizing income:I installed a shared washer and dryer for the tenants, a major upgrade that added convenience and increased the property’s value.I rented out the two garage parking spaces, bringing in consistent revenue.I also raised rents for the second- and third-floor tenants I inherited to be just below market-rate.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

Always use a title report and escrow though.It's over paying on a creative finance transaction that tends to happen. 

If you are sole member LLC you just take a distribution from your business account to your personal account.You are likely already reporting the income on a schedule E.

Report here:1.

We consistently produce over $70k in net income and I distribute this to support my family.Long-Distance REI: I am looking to invest in long-distance cash-flowing SFH in growing C-Class neighborhoods.

She bought a duplex in San Antonio, and with a solid property manager, it’s been a consistant income generator for her.

Don't discount that.Real estate remains a valuable investment despite current challenges due to its tangible nature, long-term appreciation, and potential for consistent rental income.