That alone stops most potential investors.

My initial thought, and hope, is that you purchased the property because it has high upside potential, and that after stabilizing the asset, you'll be in a better position.

Depending on the state it could take you 1 to 2 months for the eviction and then potentially another month to get the property back.

So far entergy was coming in such a high price. high price now they say because of potential income i can get the poles and cable to  my meter base discounted almost no cost.   10 to 15 pads on nice rectangle lot, next to new pond we dug outdoor camping.. 

       - Columbia/Greenwood, SC: Affordable properties and potential for cash flow

@Jesse Whitney-Blane Hey Jesse, i’ve been acquiring and flipping distressed properties in SoCal for over 10 years and have tried all of the different ways to try and identify and prospect potential homes in distress.

Try looking into zillow/Redfin and see what your potential rents you can get near the neighborhood by filtering the bedrooms/bathrooms of the intentional property that you are planning to buy.

This is known as the "final disposition" rule.In summary, after paying the depreciation recapture tax, you can use the remaining passive activity losses to offset a portion of the capital gain, and any unused losses can be carried forward to offset future passive income or potentially non-passive income after the final disposition of all passive activities.

It not only alleviates potential challenges but also ensures a smoother and less daunting process.Considering your investing capital and funding sources is also key.

Dont want to miss out on potentially lifechanging tax savings!