I have a note out to my tax person but they take a minute to get around to things sometimes, wanted to see if anyone has dealt with this situation before.Sold property in my LLC and purchased new property with a hard money loan.

Buy: Find properties that are undervalued or in need of renovation.2.

I file jointly with my wife (both have W-2's) and I have one rental property that is under my name.

That's a huge sum for a property that needs rehab in Hagerstown.What is the ARV of the property?

I source off market distressed properties here in the Jacksonville market.

My property performance is way below what AirDNA would estimate so I am trying to do some investigation on my own.

If you found the ideal property for this type of niche, what would be your first step in seeking out a business operator who would rent the property from you for any of the above purposes?

I was speaking with a property owner who is open to seller financing, but mentioned that I need to get approved by an RMLO.

I am thinking of a second investment property but I am curious.

I remember hearing on the BP real estate podcast at some point Scott describing how selling an investment property after 5ish years and trading it in for a more expensive property was the right move financially.