He replaced my first realtor who was not on my side and caused me a lot of problems.

Quote from @Jaime Zarate: I was just curious is there ever a right time to buy a house like a lot of people around me say wait till the market goes down cause it’s high but like it always seems like it’s gonna keep going up you know I know there’s sometimes the moments where it goes down a little bit, but it’s always gonna go up noYou can google historic home prices (for example case schiller index) if you want to know.

The insurance company will argue with you about the cause of the damage to wear you out to try and pay less than what should be paid.

Redfin announced that in February, Milwaukee was the #1 market in the US up +20% but I would label that as a data glitch: last year Feb was quite low, which caused the spread to be bigger.

I expect it will only be down 10% or less for 2025, but if people are operating businesses on thin margins, this will be enough to cause economic disaster for them.

E (likely where your last tax pro put it) unless the average stay was <7 days and/or substantial services were provided (such as daily cleaning, tour guides, concierge, etc.).I agree with @Michael Plaks - technically they need to reverse the small portion of PY 27.5 year depreciation that essentially overstated the deduction, potentially causing you to recognize some taxable income in the current year. 

Problem is, for a deal like this, you really can't let the lender know you are struggling with the capital cause that's a red flag for them. 

I can pursue a legal action against the tenant or Baselane, but this will cost me additional $2-3K in legal fees besides dealing with a loss of at least $5K of rent and damages caused.

Then bank on time, cause asset correlation is going to differ here and you need to operate phys RE completely different then coming back 1 year later and confirming you have no idea what you're doing.Appreciate the input, but this forum should be for sharing insight—not flexing or tearing down beginners.

Bad tenants or big early expenses can cause a lot of stress.I have a property in Colorado, I initially bought it as a househack, now it's rented (managed by a close friend) and two here in Springfield, VA that I manage myself also bought as househacks.