Question is, is the person you are dealing with a correspondent broker who brings them deals to fund or someone from their company.

Instead, as with a lot of south Florida wholesale deals- we ended up replacing and having to fix things that were covered up and two years later she was ready to go.  

So, it's a great deal for the accountants.

As you suggested, meeting with local investors and people in that community can be a huge bonus in terms of building your network and finding deals.

Right now, I’m focused on finding my first multifamily property to house hack in the New London, CT or Greater Boston area.Goals with BiggerPocketsI joined to connect with experienced investors, learn more about financing and property management, and take action on my first deal this year.

Congratulations on the deal @Devan S.!

Quote from @Melanie Baldridge: In 2025 the bonus depreciation rate is 40%.This means that if you bought a property for $1M in 2025, did a cost seg study and found $300K in eligible assets that you could depreciate, you could take 40% of that $300K as bonus depreciation to offset your income in the first year.40% of $300K = $120K.You then apply that $120K to the owner’s personal tax rate to find the final amount that they can defer in year 1.If your tax rate is 37%, you can defer $66.6K.This is a big deal even at the 40% bonus depreciation rate this year.It’s a massive benefit 

We model deals for IRR and MOIC and like to see 17-25% IRR and a 2x multiple over 5 years. 

//What is the rental market like in De Soto KS for renting property with a large home and pond//I am analyzing a deal on a property in De Soto KS. 20 + acres, newly renovated home, a pond, etc.Given the economy, De Soto KS location in relation to Kansas City, Lawrence, Lenexa, etc... does it seem likely that there are people who are willing to rent properties at a higher cost than something in the city?

Another effective strategy I use is a "Book 2 midweek nights, get the 3rd free" deal.