They obviously don't care about the coin shortage we're in the middle of.

I'm in the last lap of finalizing my price home, 3285 sq/ft 4 bed 3.5 bath it's a big bigger than what I initially wanted, but I decided to take the leap, I'm a bit nervous yet excited for this journey.I'll continue to save in the coming months as well as pulling out profits from crypto and looking for a rental coming in late Q4 or early Q1 2021.

The formula is simple: I take properties that are outdated at market value, (almost impossible to do deals below market here) and I simply add square footage usually by converting the basement, (cost $400 to $500 a sq ft) then I sell them at $1,500 to $2,000 a sq ft Bought for instance 2312 Washington st at $4.8mil and added sq ft as well as remodeled the rest of it then sold it at $9,950,000My total cost incl closing fees and interest etc were $3,000,000 (rounded up) so net was over $2,000,000 in profits) Been doing that since 2007 and even when market dropped in 2008, 09, 10 and 11 all my deals were insanely profitable) you can see my fund and many similar deals at www.migsif.com currently we have 7 properties in SF being rehabbed and will all be sold at a profit despite Covid-19 Ironically we also have some residential rentals in the greater Dayton Ohio area and had at one time over 30 of these but now only 10 left that are rehabbed and continue to cash flow nicely with a local Mgmt co in place.

Once you're familiar with the return metrics we can hit the ground running and skip the missing the opportunity phase, coined "paralysis by analysis". 

The units rent for an average of $450/month and then there are additional rentals for garages ($130/month total) and money from coin laundry ($80/month total).

Income tax is just one side of the coin. 

You'll see many different sides of the coin and you'll get the opportunity to see some of the numbers and run your own practice scenarios on deals.

Renovated units with new appliances, updated central AC, coin laundry and five parking spaces.

Will make sure during the inspection that there's nothing major that'll hinder the CO in the future. 

In the rural MN markets I work in I believe my "secret sauce" is all about my out-bound efforts be it cold calling, community networking or driving for dollars (yes, in that order).Also financing may be a bit tougher at first but with work to connect into local banking for portfolio lenders the coin will flip and you should have a much easier time on the $ side than major markets.