IMO if I had to sell - I would contract for deed so I retiain title until the debt is paid off or at minimum a wraparound note on my existing debt and have the investor personally guarantee this coupled with a deed in lieu of foreclosure (now the investor has skin in the game if they default). 

You're in the right place to connect with everyone you need to start you REI journey off the right way.

And you're getting tax benefits.So many of my first-time Colorado investors are afraid of looking stupid because they got a "bad deal."

I don't know the answers on taxes, but New Jersey is the densest state in America.

"When’s the last time you took a day off?"

@Felicia NituIn addition if you actually want to realize that value, you need to count another 5% for selling costs, and the taxes from the sale.Assuming a 20% capital gains tax, your total ROI on the above scenario would be about 12%, even with the numbers you were using. 

., mortgage interest, taxes, repairs, depreciation) on Schedule E starting when the property is placed in service.

Work with a lot of expats and foreign nationals in this space tax related.

(c) Do any of you have some specific market considerations I should take into account OR that I should be researching (high taxes, pertinent rent laws, etc.)?

Perfect for a hands-off investor testing the waters.What’s your vibe—sticking with Baltimore to grind it out, or curious about a rural southeast play with us?