Getting down deeper into the local regulations and such is each will require networking with city officials or other investors who are already active in those markets. 

I just refurnished much or it and got new pictures, and the activity has been good thus far.A 2/2 beach side in Destin/FWB, income will depend on view of the unit, and the things mentioned above.

If they see that youre generating cash for operations via a non-RE business activity, it could be an issue.

If you are claiming Real Estate Professioanl Status(REPS), it is important to keep a log of your activities. 

Active losses offset active income.

WE wont put it on the market until its about 30 days out from CO. the other market were we are active Loudoun County VA We have 3 subidivisions going in the platting stages from 35 lots to 250 lots.. all of them have contracts on them from National builders the 35 lot is Toll  the bigger ones are Lennar..

Wholesaling and flipping is going to be a lot more time consuming and active type of investment where building a portfolio of rentals can be a lot more doable while also working full-time. 

To clarify my assumption about current equity: most transactional activity in the area has been new construction and established neighborhoods of "better" quality.

I’m Sa'Mara Roberts, and I’ve been active in real estate wholesaling for four years, focusing on land properties.

It's my first deal I've worked on as an investor so I'll be actively marketing on BP and SM soon as I have it ready.