Now, you've "evolved" yourself in things where your no longer involved in the operations or the operational expenses.

I started with flipping properties, then started doing direct-to-seller marketing, and transitioned our operation to wholesaling only.

At the same time, housing operators are havingto repair damaged units while insurance costs spiral ever higher.Thebottom line: Revenues are falling while expenses are rising.Thereare no quick remedies.

So, when you replace something and make it bigger, better, or last longer, it’s categorized as CapEx.On the other hand, repairs are generally routine maintenance tasks that keep the property in its ordinary operating condition.

The IRS typically operates at a snails pace.  

BP cosigns our ability to operate and vets us both on the phone and online prior to featuring us.

If passively through syndication - Start looking for strong operators or fund managers with good deal flow.

I really want to be as hands odd as possible with operations so I’m willing to spend on a good property management company (mentioning again I’m not as concerned about cash flow today)any insight into markets you are aware of with good alleviation outlook over next 10 years?

There are many nuggets of info and great questions to ask operators as you're evaluating a deal and their underwriting.

They operate in La La LandHow to make and stick to a rehab budget.