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

The mega backdoor roth sounds great in practice, but in real life situations I've never actually recommended it to anyone. 

Concerned, I asked my real estate agent if I should push for a price reduction.

I've been interested in real estate for as long as I can remember.

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. 

You are referring to "no money down" real estate.

But unless you get a value-add property, purchasing real estate really doesn't make much sense in this environment?

If you want real cheap go to the local food bank.  

To thrive in real estate investing, you must maintain a firm grip on your finances.

It was a long and expensive journey, but eventually, we won the court battle and were able to move them out.After they were gone, we cleaned up the house and decided to list it as-is instead of flipping it.