It's this process that has led to the passive income I currently generate, and a business I launched that was acquired.Similarly, when I have just jumped in willy nilly and started doing things randomly (like randomly buying property or sending out marketing pieces), I was met with years of failure and pain.So, in short, I appreciate your sentiment but, trust me, this is part of my action taking process.

However, all the houses in my price range are either newly renovated 2 bed 1 bath and located in very bad areas or are 3 bed 2 baths in desperate need of rehabbing also in bad areas.

Whether or not to travel down that road would depend on the severity of the newly discovered issue. 

A newly motivated investor 

Also in 2022 I spent $28k renovating 430SF of my primary residence and launched that space on Nov 14th 2022 as a short term rental earning $500 of income for the year. 

Expenditures that are eligible are:Solar powerFuel cells (up to $500 per half kilowatt of storage capacity)Wind energyBattery storage technologyGeothermal heatingBoth newly constructed homes and new builds are eligible for this tax credit.

@Alan Asriants I recently had a terrible experience with a home warranty on a newly flipped house.

The reason is for compliance under Dodd-Frank and predatory lending because you can not very easily match amortizations and contributions to principal of a newly created loan obligation to an existing seasoned obligation.

I currently have a property in Indianapolis that has been newly renovated and the PM I have in place I feel isn’t doing a very good job with getting a tenant in place.

It's probably fine if all of their properties were newly rehabbed, turnkey properties, but any property that needs some attention, you're in for poor communication and very slow response times, sometimes not at all until you follow up for the 5th time.2.