I really hope Marco is transparent with what is going on and not use vague language like "economic conditions" to describe the change of events.

Just addressing the comments made previously.The Subto “community” is 4 blind men describing an elephant (look it up) and perpetuating wrong information.Yes, Subject To is legal when you do it legally and safely.However, Here Is Reality:When you deed the property back to the seller, you create all sorts of problems.But, Take hope, there are solutions.

Frankly there is no way those are B + areas your describing C - and D.. like the houses are in Fraser or something like that.

A more accurate way to describe it is "I received no income" - because you can have deals but still have no profit if your expenses are greater than your income.If you were actively looking for deals (and can document it) - as opposed to merely planning to start later - then you file Schedule C and claim business expanses such as marketing, driving, technology and so on. 

“He outbid me,” said Slaughter, whose rent has risen from $700 to $900 since Mendenhall’s RAD Diversified REIT became her new landlord in late 2019, even as she says her complaints to RAD’s property managers about pests and leaky pipes have gone unanswered.ADVERTISEMENTSlaughter’s home is part of a five-state empire of real estate bought through sheriff’s sales and “We Buy Houses” signs that Mendenhall, RAD’s chief executive, has been selling to investors on Facebook, YouTube, and other social media, touting what he portrays as the venture’s market-beating performance.Mendenhall, who is based in Southern California, has described Philadelphia as the biggest market for RAD, a firm founded in Florida that specializes in buying distressed real estate then renting it out.

As far as I know, it generally doesn't work in the US anymore as you describe now that interest rates have returned to a normal level.I totally agree with @Henry Clark that, if I want to invest in Italy, I want mass tourism and STRs.

This is what you described when you said that you have an LLC that is managed by another LLC.

There are very much bot like generic comments on this post of people saying how it’s great and not one person describing how they closed a deal.

Hello @Richard Bautista,Several aspects of what you described raise concerns.

In the situation you describe you'll have a much great gain than $300K because you'll have 18 years of depreciation recapture to deal with.