Is saving the fee a PM charges worth the potential thousands in cost and headaches?

Hi @Damon Diddit I would avoid Newark at all costs. 

Take your sales price, minus selling costs, minus any capex, minus purchase price and that’s your taxable gain.

So, if you need to make a 25% down payment on a $200k property, then you'll need at least $50k (+closing costs).

Feel free to DM me and I can give you details on properties I have that are going to hit the market. 

Sorry one additional item I hit post too soon...The reason I asked about TIA is because you generally want to get a contractors opinion of cost prior to lease during that negotiating phase so you know how much that TIA covers and what you'll be coming out of pocket for.  

Feel free to reach out any time. 

@Ross DerouenBigger Pockets is a great place to find an accountant specializing in real estate taxation.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.

Feel free to shoot me a call or text and I can get your criteria and make sure I keep you looped in on anything I come across.

Exceptional comparative value and lower operating costs.