You can still find properties that are well below what you’d see in New York, and with the right approach, the BRRRR model can work really well here.I get that being close enough to drive by is a big plus, but if you're open to a market a little further out, Detroit is worth a look.

It will familiarize you with the basic terminology and benefits.

I'm curious, if you were to invest elsewhere, what areas would you consider and what factors would drive your decision?

And I was able to scale up and get 12 houses basically for free by deploying equity from my rentals to buy more.

You can find guidelines for determining material participation, the rules for determining who's a real estate professional and what's active participation, and the special rules that apply to the income and losses from a passive activity held through a publicly traded partnership (PTP) in Publication 925,"Basically, rental is generally passive unless you are a real estate professional, HOWEVER, refer to pub 925 for special rules.  

For the basics I'm looking at a half acre of land for 150k Duplex Manu 3/2 1900 sqft per side 230KConstruction is roughly 150kThe rent minimum i would expect is 2500 per side and could probably stretch it a little because of the amount of land they would have access to.

I do think something is off with what the realtor was doing if she asked for 30k in advance for staging which should be done by a different company, not her, but the post is basically just pure fear from not knowing what one is doing and then trying to out someone and take no responsibility.

If latter, it would end up more expensive because if B&O taxes as well.I am wondering if anyone else here has gone thru this journey and can help with some of these basic bootstrapping questions. 

After we paid him our nextinstallment of $45K, he basically disappeared in July and after reaching out tohim and his wife who also works with him, we've gotten minimal contactback/excuses/delays of when the final work is going to be done.

you can offer to buy the home and thats basically it..