@Dhiren Ahir It's best to title real estate correctly on day one.

The app stopped working on my Android.

They are known as the Winthrop Factors-The purpose for which the property was initially acquiredThe purpose for which the property was subsequently heldThe extent of improvements made to the propertyThe number and frequency of sales over timeThe extent to which the property has been disposed ofThe nature of the taxpayer’s business, including other activities and assetsThe amount of advertising/promotion, either directly or through a third partyThe listing of the property for sale through a brokerThe purpose of the held property at time of sale; the classification as an investor or dealer is determined on a property-by-property basis.To me intentionally buying a property to renovate it to resell it for profit, twice in the same year, and opened an entity to do it in ....is going to be ordinary income and not capital gains. 

You make $7K on the $175K property or $40K on the $1M property. 

We are targeting a few areas based on strategy, West Sacramento, Midtown downtown, or for more cash flow north Sacramento and Oak Park are interesting.

@Alec McGinn research the rental market history.How many units typically on the market?

After I bought my place, I found a tenant on Craigslist.

It has a 300k 3% 30 year mortgage on it.

It had some value add components to it so there was plenty of meat on the bone.

The time saved on seeing that bigger picture is worth it to me.