why on gods green earth would you want to buy 10k condemed houses :)  seems like a waste of time and money to me.

They are known as the Winthrop Factors-The purpose for which the property was initially acquiredThe purpose for which the property was subsequently heldThe extent of improvements made to the propertyThe number and frequency of sales over timeThe extent to which the property has been disposed ofThe nature of the taxpayer’s business, including other activities and assetsThe amount of advertising/promotion, either directly or through a third partyThe listing of the property for sale through a brokerThe purpose of the held property at time of sale; the classification as an investor or dealer is determined on a property-by-property basis.To me intentionally buying a property to renovate it to resell it for profit, twice in the same year, and opened an entity to do it in ....is going to be ordinary income and not capital gains. 

Let me know if you're curious about some of our top-performing markets, I'm happy to help!

This will also help assess the extent of any necessary remodeling.Give me a call.www.inspectingga.com

If house hacking isn't the best option for me, how would you recommend starting out to build up some investments.

I buy real estate but I carry debt which is actually tax deductible, my money works for me.

First off, the fees for this fund would dissuade me. 8.5% of EGI (6% for property & 2.5% for asset) for management?

Investment Info:Single-family residence other investment.

Checking to see if anyone out there has a reference they can push me for a property manager or property management company near Watertown, NY.  

They gave me decent terms on financing the rental and providing rehab funds but it did not make sense with me being so close to finished.