Some of my clients love the cash flow in the east side neighborhoods over by Slavic Village and Broadway selling between 90-110k with rents up to $1,800+, but just really depends on the types of neighborhoods you're investing in and your risk / reward threshold. 

My friend said his client nearly bailed when she found unexpected wiring issues behind the kitchen walls..apparantly the seller hadn’t touched that electrical since the Reagan era..but with a patient electrician who understood the local code and a carpenter who improvised a shelving trick in the diningrom, they ended up selling above asking.Flipping and building can get tricky, especially once you start thinking bigger.

What I wrote above does not create an attorney/client relationship between us.

The reason for this is that without a license you have no fiduciary responsibility to your clients.

I'm also a REALTOR who focuses on PadSplit primarily with many clients building portfolios of these high cash-flowing properties.

Here’s why and what alternatives might exist:Real Estate Syndication or Fund: Invest in funds that generate passive rental income, which can offset Schedule E losses.Real Estate Professional (REPS): Qualify for REPS to reclassify rental losses as non-passive, allowing them to offset active income.This post does not create a CPA-Client relationship.

The idea would be, say we wanted to buy a company for $100k and they have 100 clients.

A lot of my clients are seeing great success in C/C+ locations that are in the major areas of growth, so they get the mix of appreciation and cash flow. 

I used to use the method for years as a Florida Private Banker for wealthier clients that were susceptible to law suits and could relatively easily pay off the line.

This treatment ensures accurate financial and tax reporting, as the credit is part of the sale transaction rather than income.This post does not create a CPA-Client relationship.