Any amount you purchase less than your sale, or any amount of cash you take out will be taxed as profit. 

Especially if im paying a decent amount, i remember if they went cheap on the TP. maybe its just me.It's just you.

It just focuses on those people that missed out buying a home, even if it was for a minor amount, like the first couple in the article that got beat out by less than $10,000.  

I see you invested a serious amount of sweat equity (and real cash) into turning it into something practically new from the inside out, and it looks like it paid off in a big way.

@Preston Dean I personally like to make sure I have a set amount of reserves for each property to cover things, so if you have a pool of funds sitting aside personally I would just earmark a certain amount that you don't touch except for that property (or an emergency).

Putting a long term tenant in a property here that you are BRRRRing won't cash flow unless you plan on leaving a good amount in the deal to do so, but that defeats the purpose of the BRRRR. 

I would look at people that are handyman over anything else, contractors will be used to getting more money and the amount you would pay them would either be too low, or the they would not conform to your work/company.

The security deposits from the tenant may be held in a trust account outside of the State of North Carolina only if the landlord provides the tenant with an adequate bond in the amount of said deposits.

You know what the payment is so you can add that amount to the customizable expenses which would obviously skew your ROI and would not keep track of your pay down and that type of thing.

Hi all, first time poster trying to learn before I buy my first rental property.  Question is, if I have the means to put a high enough down payment on a house to be cash flow positive (assuming my expense estimates a...