Typically, the tax is based on the assessed fair market value of the property at the time of the transfer, even if it’s not a traditional sale.

It’s a get rich slow game, but if you can be patient and give yourself 5-10 years investing in RE, you’ll be set.

Neither, both will be a headache and neither will make you rich.

Rich with history!

Cash flow is the buffer between keeping my property long enough to get rich and losing the property in foreclosure. 

This strategy can generate higher returns than traditional rentals, but it does come with increased management requirements and potentially more volatility.

Many brokers are open to part-time agents, especially those focusing on investing rather than traditional sales.

This targets family’s between homes, either because they just moved to the area; have a definitive time work contract; current house is being rebuilt/remodeled/repaired; students with “rich” parents; recent separated/divorced who needs space for children visits; Houston medical center stays; etc.  

A prudent investor doesn't seek quick riches through shortcuts.

Fortunately the rules have been "modernized," which is kind of a rich NLP technique if you ask me.