Important to manage contractor timeline and budget Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

The "failure rate" or "Pass-through rate" is where the loan officer is fighting to get an application to make a paycheck and it taking anything they can get but not putting in the work up front to avoid lost time, lost earnest money, and lost clients for realtors!

Cost segregation is a popular tax deferral strategy and there is often confusion as to the difference between bonus depreciation and reclassification.Bonus DepreciationBonus depreciation is a tax incentive that allows a business to immediately deduct a large percentage of the purchase price of eligible assets, such as washers and dryers, rather than write them off over the "useful life" of that asset.

If the answer is no 50/50 only works if you "pay" rent into the home also as a part of the deal.

I would really appreciate some insights into how this formula works and whether this investment is feasible.

It's great insight since the tenants are living their normal life there versus a staged home.You may be able to talk with the tenants if they are there when you see the property.

I’ve worked in the RE industry in the past so I’m no stranger to it, though I’m not an agent.My general approach is to 1) get pre-approved on FHA loan and 2) work with an agent to find off-market deals willing to work with FHA process.Open to any advice, but here’s some specific questions:Advice on general approach?

You can't say "the home is listed at $500k for easy math and homes newly renovated are worth $800k." and expect that to be real life.

Im working on filing an eviction, but I do not want the electric in my name any longer because it just isn’t right for me to keep paying if they are not paying me.

I work remotely and prefer a location within 2-3 hours of West Palm Beach, where my family lives.