I posted the listing on December 12, and my first tenant moved in on December 26th.As I’m filing my (extended) 2023 taxes, I’d appreciate any advice on what expenses I can deduct and what I should capitalize, especially since the property was mostly vacant.

FMR for Section 8 is $1396 in my area for the BR count, I’ve already contacted the housing authority and have my units listed on the section 8 board.

With so many "experts" on Section 8 pushing courses out there right now I was tempted to get into Section 8 rentals.

Most of the debt is on fixed 30-year notes.

That low rate will help maximize cash flow and long-term returns on your investment.

I have to disagree with @Collin H. on actual insurers.

I would connect with a few lenders on here, find one local mortgage broker, and then call around to several regional banks and credit unions.

Whether you're curious about the best cities to invest in, how to get started, or ways to maximize your returns, I’d love to hear what’s on your mind!

Once they are approved, they sign the lease and accept personal responsibility on behalf of the company.

My replacement property was found in the first week of August-2024 and closed on the 26th of August.I was already talking to my agent for the relinquished property months before to plan this out.