Feel free to reach out or connect if you’d like to chat or exchange insights.Best regards,ZiyadHi Ziyad, many markets here in OH could be a good fit for you.

Wanted to get some practice by reaching out to professionals to get insight and to make sure we are asking the right questions and looking at this from all angles before we start our first out of town flip.We likely won’t go through with this one and will take your advice and start off smaller scale.

It’s also important to understand passive versus non-passive income early and how that fits with your current income.

Just a heads up, many states have their own rules for depreciation and personal property eligibility.Ever thought about if the 179 expensing method might be a better fit?

I had people cut me off and say "I guess we are not a good fit and hang up" or "I was looking for an agent who specializes in investment properties (aka cheap)" - I could not even get to the part where I tell them that I am not working with investors and would refer them to a very good agent who does - click!!

It sounds like a cash out refinance on one of your rentals could be a great fit for what you’re looking to do next.

You’ll also want to consider what fits your strategy—short-term rental, long-term rental, or even house hacking—since each approach affects tax treatment, deductions, and passive vs non-passive classification.

I've viewed most downtown properties on the market in the past 3 months, and sold one in Deering center.IT"S TOUGH RIGHT NOW.If this specific house isn't of deep personal interest, I would consider moving on to something else that might fit you better personaly without getting yourself into a complicated financial situation.Us Mainers already experienced our big boom in appreciation.  

Also I would suggest looking at other areas outside of the city limits of Birmingham (like Hoover, Pelham, Gardendale, Irondale) and hopefully that fits into what you're looking for

That’s why the only efficient way to do it long term is to identify a sponsor who is active with continual offerings, who fits all criteria for success both with sponsors and properties and strategy, and invest in multiple offerings.