If I were you, I would start this way, if you are new to real estate investing.

If you want to connect buyers and sellers together get a license.New York has the most stringent rules for real estate.

If you spend the entire $300k restoring the property, then here is the end result:- deductible casualty loss of $50k- no current tax- the restored property has $0 basis and cannot be depreciated- when it is later sold, the entire sale price is taxableMechanics and reporting are tricky, and I would not recommend to DIY it, especially since my scenario is over-simplified, and your real scenario is likely to involve more gotchas.Thanks so much. 

I've been a licensed agent here in Maine at the Augusta-based Pouliot Real Estate for the last 2 years, but began my real estate career in Savannah, Georgia (my GA license is currently inactive).

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

You can make real estate work in any market - I would consider investing in a market that you know.

GSP REI is a diversified real estate investment company based in the Philadelphia area.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

any South Carolina investors, contractors or anyone in the real estate field in SC wants to connect?

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?