Hi All,I finally bit the bullet and took and passed the MA Real Estate Salesperson exam this week.

In this scenario I would place that amount in escrow and have it auto-debit monthly until the funds were depleted.      

If you have gross income of $3k but ongoing bills of $1800 we know it may cause a financial hardship so that reflects in our scoring system.Hope this helps, but in my experience an interview is:a.

This isnt a "Mayank" problem. 

This also leads owners to ASSUME simpler is better when it comes to management contracts.

As you mentioned intentional flips are typically considered inventory-This means the income is ordinary income and as such: - Is not a capital gain, so hold time of 1 year does not change to a better long-term capital gain rate - Can not be invested in a QOF Deductions related to it can't be pushed or changed- all costs are accounted for with the inventory component 

What made you interested in investing in this type of deal?

This bodes well for long-term equity growth.Rising Rents: The uptick in rental prices shows a strong demand for rental properties and could lead to better cash flow for investors.Economic Strength: Reading has a diverse economy, with key sectors like manufacturing, healthcare, and education providing stability.Rental Demand: Low vacancy rates signal that people are actively renting in the area, which is essential for scalability.Future Development: Any upcoming infrastructure projects or new businesses could further boost the market.With these positive trends, it seems like Reading could be a scalable rental market.

This company seems to have multiple offices around the area I am selling/buying. 

This is really the key.