With buyer demand increasing in this neighborhood and a large margin available after repairs, it was a perfect fit for a full renovation.

In most cases, an S-corp is not ideal for long-term rentals (you can lose flexibility on losses and step-up, and it complicates getting properties in/out of the entity).

I am still in the research and preparation stage, and I will make sure to study how tax strategy fits into the bigger picture early on.

Hi Yogendra, as your first investment, I would advise doing some research on different markets and then choose what fits you the best.

Let me know if I can help you with looking for what fits you

Options usually look like:Land loan + separate construction/installation packageChattel loan if the home isn’t on a permanent foundationA one-time close construction loan (ideal, but harder to get)She’ll want a lender that specifically handles manufactured housing, not just a general mortgage lender.5.

If you’re interested in investing, I’d focus on strategies that fit your current lifestyle and income, and that can be easily integrated into your life in a tax-efficient way.

I see investors follow different timelines depending on the market and team they work with.
What’s your typical turnaround time?
Love learning from others’ strategies and processes.

If the answer is no, selling isn’t quitting, it’s reallocating your time, energy, and capital into something that fits you better.You could make the light repairs, get it rent-ready, and stabilize it again, but if that idea feels more like a burden than a strategy, it may be the right time to move on and put your resources into a cleaner, higher-performing opportunity.

., tried to make the deal “fit” my investment criteria.