The reason is the rent-to-price ratio is good so you can cash flow, and most of the West side doesn’t have a Point of sale inspection which is really annoying.

Strategic timing matters, especially with multi-state portfolios.Real Example:Investment property sale in 2019Federal noticed unreported gainTwo states involvedTimed response to fall after state deadlinesResult: Only federal adjustment appliedInvestors: What's been your experience handling tax notices across multiple states?

I often read that one should seek a commissioned sales role because your comp is uncapped and that has served me well. 

Foreclosure sale price + accrued costs mean sale price on satisfies loan.  

For context, I will be assuming his VA loan at 5.1% and he will be doing seller financing for the remaining equity and sale price. 

Use that sales money to buy more stock. 

I’d look into the cost of a 500 sq. ft. garage and compare it to the potential boost in sale price.

 @Deepak Malhotra based on your sales price, I assume this was also sold many years ago.

This home was located in a zip code that is notorious for its ultra-modern design (though those homes are still sitting for sale).

Finally we purchased a home for $130k (Sales price) with a mortgage of $950.