How can I pull the equity out of this building?

Or does the tenant have 30 days to vacate the premise starting on the day rent is historically due?

The loan approval is based on the property’s cash flow—so as long as the rental income covers the mortgage, you’re in a good position.

I don't want to pick on you but you recently posted about utilizing land trusts and Wyoming LLC's to purchase real estate in Arkansas and also posted questions  suggesting you were unclear on how general liability coverage works/ is issued for a $170K purchase. 

Therefore, they are responsible only until the end of their lease.Why is the new rent $500 below the old rent?

I run a call center for real estate so deal with this stuff all the time. 

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.

There are so many forum posts from investors who buy a random property thousands of miles away based on recommendations from people they don't know and unrealistic spreadsheet math, get crushed by capex, and give up. 

What are the special regulations that I need to know in order to flip houses?

Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.