If it was BRRRR, you might look at a hard money loan to finish it because you will be able to refi when complete. 4.

The property was priced well under market value, allowing for immediate profit without renovations.

If you manage homes built before 1978, there's a key regulation to be aware of: the Environmental Protection Agency (EPA) requires property managers and Landlords Nationwide to be certified in lead-based paint handling.

Would you say this approach could be effective?

Study and learn how the tax code works and where you might be able to optimize and save.2.

Here are some points to consider:**Long-Term Rental (LTR) Property:**- Getting into the game sooner can be beneficial.

One thing that might be causing an issue is that the house has a cesspool (normal for this area) that's less than 100 feet from the well, so due to FHA standards we can't sell to FHA buyers, just buyers with conventional financing or cash. 

Ultimately, my vision is partnering with a private lender so I can spread my funds across multiple deals at once and scale quicker; I'm really happy so far with my agents, contractor, and refi lender, so I feel like getting a great lender would be the next step for me.

If it retains value and you plan to hold on to it for a while, it could be a possibility. 

Any words of wisdom would be appreciated!