I have a rental property where I didn't live in for the last 10 years.

The short term market has changed a lot in the last year. 

Is definitely more of a buyer's market now than it ever has been in the last 4 years.

Last year I took a step back from entrepreneurship and joined a tech startup in the blockchain space.While I am still doing as much research as possible to develop my strategy, my current interest is in purchasing properties to buy and hold.I am also exploring different markets, and so far, what's caught my eye has been Savannah, Georgia, Columbus, Ohio and Chattanooga, Tennessee.I'm looking forward to learning connecting with as many people as possible.In the meantime, send me some tips I won't find in the "Investing in Real Estate 101" books!

I had the opprtunity to look into the last inspection report, dated January 2024 (done for the other buyer who backed off)  indicates minor issues incluing lead water Line (from Meter to the faucets).

Not fully understanding that an appraisal was needed to tell me the value of the home and nearby comparables before I bought so when I went to refi the bank ordered an appraisal which came back at $42,000 so with the 20% down I put that made me owe $28,000 and by the time I cashed out and paid fees I wouldn’t even be ghetto g what I put in backSo I did the only thing left to do was to rent it out using a property manager and cash flows $500 cash flow for a yr but the last tenant moved out and it’s been vacant for the last 6 months.Should I sale or any ideas on how to get this home rented out cause I’m coming out of pocket the $248 for the mortgage and it’s becoming a financial problem 

In our last rental, we did ash/white oak colored floors and sage green cabinets.

With regard to insurance premiums we demand last 3 years of insurance policies and loss runs for the project during the study period.

I was under the impression putting properties in LLC is worth it after acquiring 4-5 properties and have a decent-sized portfolio.Also, if I do want to put a property under LLC, does it matter that the mortgage is under my individual name? 

Last year alone (2023) the city spent almost a million dollars on street light repairs (tripled from where it was at in 2021.