Then think about writing off your cellphone, your internet, you car, your home office, your tax prep, etc etc etc.  

I'm in the same process and have the same question.

@Julie Doke: Industry specific software speaks to you and you can easily relate it to your day to day process.

This ensures that any payout for damage or liability can be processed more smoothly, and it can help protect your interests if something happens on the property. 

Maybe it's a processing fee, an application fee, etc?  

As @Eli Konig mentioned above, going into RE right now without a lot of experience and without knowledge of a local market I think makes TK a decent beginning option.I've been in communication with REI and going through their process right now.

Glad you laid it out there in writing, you're manifesting it!

I wanted to offer him about $50K over what is remaining on the mortgage and go through the 60-90 day process to assume the existing mortgage.

Starting with a smaller property or a few fix-and-flip projects can help you build equity, gain credibility with lenders, and better understand the process before scaling up.Securing funding for larger projects can be challenging without prior experience, but options like hard money loans might be worth exploring.

Staging is the process of arranging and decorating your house to highlight its best features and make it as appealing as possible to potential buyers.