@Basit SiddiqiWill I be able to write off some of my taxable income if I have the loss from sale of these vacant lots as well?

Put it in writing and give the necessary advance notice for your state. 

I spoke to my CPA and she has a great plan for me to reduce the taxes I owe because of the amount of write offs we have so far.

I think there's a list on the county website, but I'd probably have to write some scripts to scrape the data (it's not in a user-friendly format) and jump through a lot of hoops to get it myself. 

It will show you how to think like a syndicator and you  will be able to under write your prospective deals and make sure they check out. 

Write the gift check to the Recipient in the exact amount shown on the Gift Letter.3.

The appraiser was able to use the info I provided to write the report. 

@Lawrence ChenThe first step I’d do is write down your goals and expectations for an investment - what cash flow do you want, how much time do you want to spend, what condition of home, what about a market attracts you, etc.Then once you have a better idea that, I’d recommend to start reaching out to agents who are also investors so you can learn how the local markets are operating and how the on-market MLS compares to off-market deals.Overall, the Midwest is great.

Setting expectations early and writing a partnership agreement are good ideas.

Write off anyone who has young kids or pets who could drown unless you have a legit pool fence around it and even then... liability.As much as I LOVE pools, I think the liability and maintenance costs outweigh the marketability of a home with a pool for an investment scenario.