Here are my answers: - It is unlikely the $600K property will provide cashflow. 

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

Gann, JD (“Rick”) is Managing Partner of 1031 Capital Solutions, serving the Pacific Northwest from the firm’s office in Lake Oswego. 1031 Capital Solutions’ mission is to provide tax-efficient strategies to real estate investors.The contents of this article constitute neither an offer to sell nor a solicitation of an offer to buy any security which can only be made by prospectus.

Remember, many sellers are looking for solutions to problems, so your role is about providing a service as much as closing a sale.As you navigate the wholesaling process, keep in mind the importance of due diligence.

I am in PA and yes, it is legal to charge late fees to your tenant regardless of Section 8 subsidies or not, provided the tenant's lease allows for them.

However if you plan on buying 3-4units, there is a trigger rule for FHA, it is called the self sufficiency test.

I mean can you consistently provide an industry standard finished product similat to what the licensed trades would provice)

Why would you pay down a 7% interest rate when you can utilize the extra payments towards actively investing in other opportunities that can provide a higher return, e.g. actively investing in real estate.

For those who missed the initial buzz, the delay could provide a second chance to enter the market before real estate prices surge when the plant eventually opens.

You can always request income verification, pay stubs and bank statements, if they're willing to provide it.