I'm primarily interested in Little Rock and it's surrounding areas (i.e.

You would have a real nice waterfront / view home on one lot, surrounded by run down shacks on 3 sides.

I'm a mechanical engineer by day, so this is a totally new world for me.Anyone else have experience in Weber County and the surrounding areas?

. - Unfamiliarity with the area/surroundings- Lower Rent compared to CA but I know I can't compare apples and Oranges (But I don't want to invest just to break even)------------------------------------------------------------------------ Tax questions ***Some state does not have tax on income(?)

Depending upon what the zoning would allow, do a deep dive into the surrounding area and examine what would be competing properties.

The penalty and tax will remain, but there may be other offsetting tax benefits in other areas that will help lower your overall tax bill.Your expenses to fix up the house can either be an immediate expense or a depreciating asset, depending on the facts and circumstances surrounding your "in use" date. 

This information was helpful and I am looking into the details surrounding the refi.

Sounds like wherever I end up, almost regardless of the evaluation criteria at the state level, I can find success in a surrounding market, which will benefit me in a big way to be somewhat local to my investment market. 

Hello BP Members,Financing is lined up, so I'm looking to expand my team of professionals.As listed, I need wholesalers, contractors, and investor friendly RE Agents alike in the following areas.SarasotaBradentonSaint PetersburgTampaPossibly other surrounding areas, but the ones above are my immediate focus.Thank you for reading, and I look forward to speaking with you.

I live in Oakland, IA and am looking to invest in omaha, ne and southwest iowa and surrounding areas.