Hi All - In 2025, I started working as a real estate investor full time.

Both properties are under contract and I have: Full lender termsRehab numbersARV compsContractors readyExit plan + refinance strategy  The only thing I need help with is covering the remaining gap (closing costs + origination + appraisal + reserves). 

I have seen a lot of really low properties for sale need full renovations.

Is someone going to verify the pontoon is clean and full of gas and fix it when its not after each rental?

But I first want to take this opportunity to thank you for your outstanding contribution to the BiggerPockets and real estate community.The comments you made about Spain might be half or a full joke but they reflect the beliefs of many, and I was one of them.

You're going to want to look at the coinsurance clause.This clause requires the insured to carry coverage equal to a specified percentage of the home’s replacement cost (commonly 80% or 90%) to receive full payment on partial losses.

Once it’s paid off, your cash flow jumps, and you compound that into the next one.This gives you the safety of steadily reducing leverage while still acquiring the full four doors upfront.4.

I provide full kitchen pots, pans, utensils, etc.

Completing a full round-trip investment is the only way to validate whether your investment process actually works.

Suspended LTR depreciation/losses often aren’t lost, they can carry forward and may be released when you sell, so the “can’t use it” point may be overstated.Real estate sale taxes aren’t just 15–20% LTCG: depreciation recapture, possible 3.8% NIIT, and state tax can raise the effective rate.A 1031 has strict deadlines (45 days identify / 180 days close); if you need more time, consider reverse 1031 or a more passive “parking” option like DSTs.STRs can potentially offset W-2 income, but it’s more complex than “100 hours”—material participation rules and documentation matter.Cost segregation can be powerful but only if the deal supports it; it accelerates depreciation and can affect future recapture.Consolidating into fewer properties can reduce operational risk, but watch market/regulatory/insurance volatility.Best next step: compare hold vs sell taxable vs 1031 with full tax/return components (recapture, NIIT, suspended losses, timing risk).Always consult with a CPA who specializes in real estate.