We toured the property and went under contract the next day.

If you want properties less than $100k, you need to be in Cleveland, Dayton, Akron, or Toledo.

As the CFO of a developer and property management firm, I’ve got some experience with rental markets across the US. 

My mom was shopping an estate sale when the owner told her he was planning on selling the property.

I insure the properties ..

As you were in property management, not sure if you ran your own company, but as you look at it..

We also own a rental property.

This would be a joint venture with me offering to just provide a percentage of profits and equity in the property in return.  

I am a flipper/investor who has sold many properties, frequently direct to the buyer. 

LLC Taxation for FlippingSince you’re flipping the property in under 12 months, the IRS usually treats it as ordinary income because it’s considered a business activity, not a long-term investment.