Double close: You do actually purchase a property and then sell it the same day to another buyer.

Best toilets I've purchased. 

In order to defer all tax you must purchase at least as much real estate as you sold. 

I'd also suggest speaking about Real Estate with friends, family, neighbors, and anyone else in your sphere of influence. 

It was recently purchased in December 2024, which aligns with the timing she mentioned on the phone.However, despite all the communication being professional, I’ve had trouble finding additional information about their business online.I’m wondering if I’m being overly cautious, but I want to make sure everything is legitimate and avoid any potential scams.

You get a Capitalization Rate (CAP Rate), which equals your annualized return by dividing the Net Operating Income (you had gross in your narrative) by the purchase price.

I'm looking for advice on whether I should purchase my father-in-law's 6 unit apartment in Burien, WA (10 minutes south of Seattle) as my first deal, or perhaps help find him a seller that would pay more than I could and is a couple years ahead of me in REI. 

@Brian DolbeareI have never purchased a property with no off-street parking.

We found an opportunity to purchase a huge SFR with two kitchens located next to a commercial zone which was previously used as a sober living facility.

I purchased three out of state "cash flow" rentals with Evernest.