Make sure to checkout all the materials under the "learn" tab, especially the podcats, great for those long commutes.

That 2% is a tough hurdle and can still move up.

@Ralph TrinidadThat would be tough sell.

If you bought in 2018 and sold in 2022, you probably made out like a bandit.Waco seems to have been pretty tough place to make money the past couple of years, so hopefully you were in that group. 

Yes, you aren't taking advantage of the better financing options available for homeowners, but that's only one of many things to take into account when investing in real estate.California is also a really tough state to invest in; high prices, unfriendly to landlords, etc.

You'll develop tough skin and it will make other seller calls (i.e.

The last 12 months will give you a trend and tell a story of what's going on.Get a rent roll with delinquency as well.30 day DD is enough time, but that starts only when you get all due diligence materials!

How is material participation defined?

So yes, you need to set aside enough money to pay future taxes.Taxes are calculated only on your net profit - i.e. after everything is deducted, including labor & materials, holding costs, financing costs and business overhead such as marketing and driving. 

They are unique in the fact that the development is completely vertically integrated project in which they do everything from manufacturing the building materials to manage your property.