I’m excited to connect, learn, and eventually contribute as I gain experience.Feel free to drop your wisdom or recommendations—I’m all ears!

I'm looking for you advice with my overall strategy and garner any experience you might have to save me from learning the hard way. 

I'm looking for referrals for a custodian, tax attorney, and a CPA to set one up and advise me.

At least now your tax basis is $220k ;-)  What was the extent of the repairs?

Learn your market.

Post Dodd Frank sellers have continued the same bad practice of selling houses to occupants with financing at selling prices that are way high, can't be justified via any type of 3rd party valuation (appraisal, zestimate, tax value, even recent sales in the same area).   

Preferably low or no money down as best seller would be one only interested in the monthly incomeI then sell said first property and take that cash to buy the investment I am really wanting and I get the terms I want.only thing I don’t know about yet is, how to dodge the tax on the sale of the initial property?

Excited to be here and eager to connect, learn and grow.Appreciate the info Shawn.

We've sent out a cohost request and most hosts are asking ~22%, which is higher than what ABB suggests - but seems to be in line with what traditional local prop management places charge.My question: Long term obviously it makes sense to learn to do this all myself and be self sufficient.   

https://www.biggerpockets.com/forums/51-tax-legal-issues-con...