For the lower value properties they generally create less tax savings and it may not be worth it. 

To remedy this for next time I am in the process of creating a design board that can be used as a base for future flips.

I saw this site and was so excited to be able to create a team of people to connect with for Real Estate!!!

Many of my customers who are traveling nurses buy condos or townhomes in Florida as vacation homes, then rent them out when they're not in town.This system has proven to be very lucrative, as it allows them to service the mortgage debt and generate a good cash flow.

Looking forward to building a strong network and creating win-win partnerships!

It’s a good idea to speak directly with an insurance agent who understands multi-unit properties to customize coverage for your specific situation.

I think it makes most sense to create a buyer's list, and then move to contacting prospecting sellers.

Deals he claimed to have "closed" were not his firm's deals, despite being listed on Next Level Equity's Portfolio page and Justin creating and posting graphics with Next Level Equity's logo the word "CLOSED" and pictures of other people's real estate.

Avoid C-Corps, as they incur double taxation.Use LLCs for rentals and consider an S-Corp election for flips if income justifies the additional complexity.This post does not create a CPA-Client relationship.

At that time, my friend encouraged me to get into real estate with the idea of creating passive income and wealth in future (via appreciation).