Hey, congrats on finding a potential flip—it sounds like you’re on the right track!

I worry that a disgruntled renter could see potential deep pockets if they did their research. 

It is something I am interested in doing in the future, potentially even this year, but I am curious how to put concrete numbers to this decision.  

You'd learn and potentially earn a profit at exit.Another way is to wholesale the land.

Hi Saul,For better cash flow potential, you might consider Memphis.

I'm sure your lease and the law require the tenant to return the property in the same condition it was received, minus ordinary wear and tear.I would file again.

Since you’re already networking and have some good realtor contacts, focus on narrowing down your investment strategy (like buy-and-hold or house hacking) and target markets with solid cash flow potential.

Infrastructure investments, even with Bessent’s focus on fiscal restraint, could also unlock potential in underdeveloped areas, fueling demand for both residential and commercial properties.For investors looking to succeed in this evolving landscape, it’s all about staying proactive and flexible.

If someone has REPS then potentially they can use all of their rental losses, from all properties, (there is more nuance especially with both LTR/STR) if they are materially participating. 

Sounds like you guys have the potential to be an amazing property management team!