But I was wondering if it's possible to use both of these strategies to mitigate the tax burden.

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Understand you can not eliminate all risk, only mitigate it.

@Conner Parsons,The 45 day list is for real and rigid but there's some things you can do to mitigate the risk and angst associated with it.The 45 day clock starts with day one of closing. 

Rapidly grow portfolio and maximize leverage, but mitigate risk, build durability and avoid pitfalls.

just to ensure that I am mitigating my risk and ensuring they will pay for it.I appreciate all your help

That way you can aim for bigger better deals, and mitigate your risk. 

Sure they cost more to acquire, but I believe the tenant quality is a lot higher and mitigate a lot of risk, especially important for an out of town investor.

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Understand you can not eliminate all risk, only mitigate it.

Once I get that info, I can make an offer based on what it would cost to mitigate certain issues with the lagoon.From what I can tell from my limited research, some folks swear by lagoons and others swear when they see them.

If you don’t believe you have enough capital for a cash purchase, seek a partner.Purchasing with cash or a large downpayment mitigates a couple risks:Interest rate risk.