But it will be significant.To determine roughly how much tax exposure you're looking at you would need to know what your net gain will be.You will have to break down your Adjusted cost basis, and your net sale.

They may be an expert; but those 2 facts aren't what can/will determine that. 

But if you are determined to do so, try to go for turnkey properties on the newer end - less maintenance which is good when you are investing out of state. 

Make a list of all your tasks and determine what could be handed off easily.

Interesting, since when did it become HRs problem (or legal right) to determine that "he is supposed to have found housing already".

Now we're seeing investors pouring money into buying Class C rentals - but, many are getting burned.In our experience & opinion, the main determinant of property Class is not location or even property condition, those are #2 and #3.

- Loss of historical data (for both IRS audits and for personal portfolio tracking.)You should be able to print the general ledger and Balance sheet / income statement for each period.

You need to decide what you like in terms of communication and then determine what price you are willing to pay for that service.

You should be able to blend a first lien position Commecial loan with a seller carried 2nd to reach the determined dispo price so long as the debt service meets minimum guidelines.

Proper record-keeping of rental and personal use days is essential to avoid IRS scrutiny.