It's actually really expensive to transact real estate - see the number of posts on BP by first time buyers who are shocked at how much they have to pay in fees and points and closing costs.  

@Hunter SmithStarting your real estate journey in Southern Arkansas can be a rewarding experience.

Hi BP Community,I’m looking to refine my real estate investment strategy and want to make sure I’m on the right track.Here are a few areas I’m focusing on:Property Selection: How do you choose the right type of property for your goals?

After the appraisal, I had instant equity of 25K.

Connecting with locals who have experience in this area is a fantastic way to gain insights and avoid common pitfalls.Since you’re looking to buy in the next 12 months, I recommend starting by networking with other investors and real estate professionals in the area.

I’m pursuing my first investment property and I’m a bit unsettled after recent events with my Realtor and their team. 

Anything that is already there you can highlight in your listing, but people who need these items generally don't move around a lot after paying to put them in wherever they are living. 

I recommend finding an accountant who specializes in real estate taxation and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

We are going under the assumption we would sell the home after they pass so as to not be seen by siblings as making money off the situation.

In my eyes, this project is as risky as it gets, even though the borrower was also a real estate agent that was waiving the listing side of the commission.