Make sure to do your due diligence and plan for it.

I have focused my research on house hacking due to the lower upfront capital requirements with an FHA loan.

I had constant issues with the local government and the taxes were absurd.

He isn't a motivated seller.If it will rent for $1900  a month, that means to make money you have to have a payment that includes, principal, interest, prop taxes, insurance, at less than $1400 a month. $190,000 at 3% interest is P&I $801 + prop tax plus insurance a month.

Have also used list source and prop stream before but the data they provide is very similar to what I pull off the tax records through CRS Tax. 

The Main St property in Grainfield, KS, offered a promising opportunity due to its low purchase price and strong potential for a high return after renovations.

You qualify due to their experience and then now you have that experience too.

To attract investors, offer incentives like high cash flow potential and tax benefits, and structure the deal with clear legal terms and contingencies to minimize risk.Good luck!

Would the federal tax liability be $140k at year 5 for the sale, with long term capital gains (ignoring any Net Investment Income Tax)?

AssetsAsk yourself: Do I want cash that depreciates with inflation and taxes, or do I want to build wealth?