And yes, the income from renting is still taxable, but ideally you are offsetting a chunk of that with depreciation which is a non-cash expense.You should read Amanda Han and Matt MacFarland's books as well which are available in the BP Bookstore. https://store.biggerpockets.com/products/tax-strategies-book...

I wish you well in your real estate endeavors. 

Well you can probably get around $70k out of your $300k property on a HELOC.

.: Quote from @James Jefferson: Hi, I have a family member that had a reverse mortgage on their property it's a 3b 1b 1 acre of land heats by oil no hvac and on well water.

I am learning in the real estate business as well but in the Kentucky/Tennessee Market!

Quote from @Havital Miltz: I do not know that if someone is in the hospital you can force them to close, I am not an attorney, but I doubt any court will find in your favor, closings do not always happen exactly on the day that is planned, even if everyone is healthy and well, the wholesaler here is not the reason for the delay so I am not sure what exactly you can sue him/her for, they are also being held up due to the seller not being wellJust give the person some time to get out of the hospital, closing will probably not happen the very next day either, this is really extenuating circumstance. 

There are a lot of positive ROI options in that bucket.To answer your question anything on the beach will rent well. 

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

Yes, they are actually selling individual units as well

I have seen some people well respected in the industry recommend her on several different real estate groups on Facebook.