. $600 a month chances are they could rent it and make a profit and if it doesn’t go up as much as they were hoping they could simply give the house back to you in seven years.

Liability NOPE its all about FOR ME tax advantages working with investors to have uneven distributions IE more profit for the investor vs the amount of prorata cash they have in the deal..

What strategies or flood mitigation measures worked best for you to ensure long-term profitability?

MLS is priced aggressively and nets no profit (flip) or cash-flow (BRRRR) unless you low ball. 

A 1031 exchange is NOT available for owner occupied property so that’s the bad news.The good news is for owner occupied primary residences, for married couples, the first $500,000 of pain is tax free.No need to worry about a 1031, live in the house, sell it, use the $500,000 exclusion and you pay KP tax on whatever profit may exist,2.

$28,000 profit Lessons learned?

Scaling was slow, and we reinvested almost all of our profits into new deals to keep building.At this point, I feel like we’ve found our niche, but I keep asking myself, What’s next?

Below are the key factors companies consider when choosing a city for investment:Low operating costs: Companies are unlikely to choose a location where state income taxes, property taxes, and insurance consume a significant portion of their potential profit.

Scaling was slow, and we reinvested almost all of our profits into new deals to keep building.At this point, I feel like we’ve found our niche, but I keep asking myself, What’s next?

I figure you need about $50m a month to be profitable, $10-20 breakeven.