I have some stuff out there and in Cleveland.

And since you would own the one property outright, you wouldn't incur debt and would have all the equity there for whenever you see fit. 

Yes, I know bonus depreciation is 60% for 2024.My questions:1) Does this sound valid, or are there many more complicated steps for this to work?

Hi folks, this has been all over the news and social media so I hope it's not a surprise to anyone but I just wanted to cover all the bases.Due to legislation spearheaded by the RI attorney general earlier this year, there is a new RI rental registry in place that requires all rental unit owners (even short term rentals) to register every rental property and rental unit in the state of RI, by October 1, 2024.The website is www.rentalregistry.ri.gov and you will also need to upload a current lead certificate ("Certificate of Lead Conformance") for each rental unit.The demand is so high that lead inspectors are currently booked out into November and December, so I hope you already have lead paint certs for all your units.

I am confident in handling the construction as I have experienceWhat really matters to me is that are there margins in this market to make money from scratch up?

They're not like big conventional banks after all (correct me if I'm mistaken).I found one that does a soft pull so I'm thinking there's nothing to lose. 

Hey there, I'm avidly reading about wholesaling in Canada and I was wondering what are the mechanism in place to protect yourself as a the wholesaler if the buyer doesn't come through or if the deal falls off.

I'm sure your parents know what houses go for around them, is 413k for a new or freshly remodeled attainable there?

Is there a way to utilize part of my Traditional IRA funds as a down payment on a SFH investment property without being penalized? 

There are a few good management companies in Memphis.