Hey BP, I am currently in my senior year of college at the University of Memphis.

$15,000 total assignment fee, buyer is flipping the house Lessons learned?

Lessons learned?

It's 3 lessons and the last two lessons will teach you how to value the laundromat by getting 4 numbers from the owner and how to verify the numbers of the laundromat.

Lessons learned?

If you've flipped properties in Texas, what have been your biggest lessons learned?

We now have a cash flowing asset with $60k in equity built in, in a great neighborhood in Houston Lessons learned?

a market you know well, or vacation in, or have family in, or went to college in, or hope to move to someday.and above all... i'd try, if you can, to pick one you can drive to, within a few hours.  

@Tony Thomas Even though it does not appear there are any meaningful tax advantages, I believe the lesson to be learned here is to focus on making business decisions that are best for the real estate and operation of that real estate.

I am 19, and currently a second-year college student pursuing a Bachelor of Business Administration in Accounting.