Or does it vary by area

@Lindsey Konchar I agree with Luckson. 2.25% will be hard to come by again.

They are known as the Winthrop Factors-The purpose for which the property was initially acquiredThe purpose for which the property was subsequently heldThe extent of improvements made to the propertyThe number and frequency of sales over timeThe extent to which the property has been disposed ofThe nature of the taxpayer’s business, including other activities and assetsThe amount of advertising/promotion, either directly or through a third partyThe listing of the property for sale through a brokerThe purpose of the held property at time of sale; the classification as an investor or dealer is determined on a property-by-property basis.To me intentionally buying a property to renovate it to resell it for profit, twice in the same year, and opened an entity to do it in ....is going to be ordinary income and not capital gains. 

Originally posted by @Ethan Cooke:@Nick Kraska - It really depends on how much you want to get involved in building a team/network, minor maintenance while you're there, etc.

Originally posted by @Tyler Ashworth:Hi Justin, I don't know anyone who can help in that specialty, but I wanted to introduce myself.

For example, the pro forma projected that the property tax expense for Year 2 and Year 3 to actually be LOWER than what was paid by the seller the year before the sale.

Learn learn learn and always take action

Which of the 3 record types to target is dictated by the relevant statutes which define the legal process for the leads you are interested in purchasing/pursuing.

I do already have a construction crew run by a friend who fixes anything that needs attention before renting out.

A negative review from a tenant could be a positive review for an owner.Networking: Use forums like BiggerPockets for recommendations, but conduct thorough research yourself.Initial ScreeningNarrow your list to 5-10 candidates by reviewing their websites and scheduling Zoom interviews.