I found it on auction.com and I just bid on it How did you add value to the deal?

My tenant called me up 10/09 to announce she is moving out on 11/8 and giving 30 days notice.I had a yearlong lease in place, and when it was up for renewal, I reached out by text “were you planning to renew your lease”, and she texted back “we love it here and want to renew the lease”.

However, this is the first property I plan to manage myself. 

Be ready for a huge amount of information at your finger tips.

I wanted to do mid term because I've been living here and already put furnishing in, but if it's not in demand..

You can always connect to a local realtor here and they would give better suggestions

After a thorough market analysis, I reached out to the seller directly and negotiated a fair price based on comparable sales and the property's current condition, emphasizing my ability to close quickly.

Here is a framework to think about how buying properties creates the most tax efficiency for you.The 6 levers of depreciation:Lever 1 - % of LandOne of the components of a property is land.Land is NOT DEDUCTIBLE, so low value land properties mean more tax deduction.A value of your overall purchase will be assigned to the land or lot.You receive no near-term tax benefits for buying land.For example - If you buy a $2 MM industrial building outside a rural town on 5 acres, the land value could be $5k an acre.

I would love to chat more as there are other things I would like to address.

what about my Debt to income ratio?