Your budget allows for a balanced approach, spreading risk while tapping into different segments of the local real estate market.Raleigh's real estate market is characterized by its resilience, growth potential, and appeal to a wide range of tenants.

It does not say “seller to” or “seller agrees to” perform a specific act: it simply states both parties agree to allow the septic design and cost review to be attached to the Inspection Contingency with terms to address cost prior to close.Do you have corroborating written emails that clearly indicate the Buyer has the responsibility to order the design work and estimates?

This might result in a smaller annual depreciation deduction.Strategies for Tax Efficiency:To optimize your tax position, ensure that you are maximizing allowable deductions such as property management fees, repairs, and mortgage interest.Mitigating Tax Liability:Consider consulting with a tax professional to explore strategies for mitigating your tax liability.

Allows you to get everything delivered for very cheap.

get an umbrella policy to protect yourself, see if you need a rental license in your municipality. an LLC is only for insulating you for liability and anonymity, it will not save you on taxes and you really dont need to worry about it with one property imo . you cant protect a single property from lawsuit, insurance is what covers you just make sure you’re up to code. insurance will always look for a way to get out of covering an incident.if you register, you’ll want to report the income. if you make less than expected after deducting costs, then it’s time to raise rent. you wont be able to reduce more to reduce other income streams since you're not a full time real estate investorin the future if you ever sell, because it’s a rental now you will owe capital gains on the property. philly is probably like ohio and not california with it’s YoY growth being tied to inflation. with that said your profit is mainly going to be the equity you build from your tenant paying your mortgage. the money earned monthly should be saved as youre doing in case you have a capex repair/replacement come in like HVAC, roofing, etci advise you pay for an hour to speak to a CPA to better your options.good luck

LLCs allow you to keep your personal assets separate from your properties.

You have to live somewhere.You may need to lower your return or cashflow expectations so you can get into a house hack that will allow you to avoid throwing rent money away every month.

Does anyone know of a tool that allows searching for real estate by entering formulas for "positive cashflow"?

If you do already own, then I'd consider a home with STR/Airbnb potential in one of the Denver-area cities that allow short-term rentals, or a multi-unit with LTR or MTR tenants. 

First I suggest you find out what is allowed in your jurisdiction.