I was looking through listings on HUD for foreclosures and came across a listing that I'd snatch up right now, but other sites show it was sold in 2015.

I was looking through listings on HUD for foreclosures and came across a listing that I'd snatch up right now, but other sites show it was sold in 2015 and is off the market.

Im working on setting it up right now, just switched from a Wix website.

Much higher return and the lot backed up right to the water.

Some real estate agents will tell their clients that a property is a great deal but the truth is, by the time you invest the money to fix it up right, you could have bought a turn key home.You have to know your market and the real returns a property will supply be it cashflow or equity in the long run.

What should I be doing to get my business set up right so I get full write off for my expenses and pay "properly"  my tax responsibilites.

Also due to such a short supply of property in general around here, they more than likely get snatched up right away by cash buyers.

You may have to talk to several banks until you find one that will do it, so don't give up right away.

My initial plan was to do the Dave Ramsey style of investing which was to pay it off quick as possible and eventually own it up right, but then I started learning of all the possibilities to get a steady cash flow over time And not to mention, how EXPENSIVE most of California is right now. 

Prices are on the up and up right now, but I'd say there are still deals to be had.