So many different little neighborhoods of residential that surround bars and restaurants and shops.

The core 4 is David Greene’s long-distance investing strategy and consists of a realtor, contractor, property manager, and lender.

Barring some complications (such as her having sold her previous home recently), you should get the full $500k exclusion, but you will need to pay tax on $30k of accumulated depreciation.

Quote from @Jonathan Greene: 20k is not going to get you anywhere at all in Northern NJ and don't let anyone tell you that it will. 20k is just your reserves you need on your first deal.

Quote from @Michael Bishay: Quote from @Jonathan Greene: You are talking about this like it's a video game where you just can collect things for prizes and it all works out.

I understand that this is easier said than done but is the bar really so low for PM's?

Quote from @Morgan Tondre: Quote from @Jonathan Greene: Your plan is too basic right now, but it's a start.

A handy search bar in the upper right makes it easy to find previous discussions, blogs, podcasts, and other resources.

Blue, Green, Yellow, Orange, and Red are A, B, C, D, and F, respectively.

The core 4 is David Greene’s long-distance investing strategy and consists of a realtor, contractor, property manager, and lender. https://www.biggerpockets.com/blog/core-four-real-estate-tea...