I’m all about the rental properties and fix-and-flips too, so let’s definitely share insights and strategies.

The first property I ever purchased was a section 8 duplex in North Philadelphia.

Your losses even depend on number of things like the basis of your earlier property, any additional capex required like HVAC or major repairs, output of cost segregation studies, etc.

- What property class is the rental (A, B, C, D)?  

I have a property in Kansas City that has been freshly renovated.

Here is the deal:I am in a rent to own situation for an investment property. 

Here’s why you should consider investing in this growing market:Affordable LandFlorence offers affordable land compared to larger markets, allowing investors to secure property at lower prices with strong potential for appreciation as the area develops.High Demand for New HomesThe city’s growing population is driving demand for new construction.

If it passes, that means there is a ceiling on rent, which means owning rental properties in CA less attractive.

My strategy involves purchasing and renovating properties with cash, and I aim to recoup approximately 75% of the loan-to-value ratio.If you have any recommendations for lenders or resources, I would be grateful for your guidance.Thank you!

What strategies do you suggest for someone like me who doesn't want to do real estate as my job but who wants to own properties.