I get an email alert each time a deposit is made.I prefer not to use any third-party vendors (Zelle, etc.) because firstly, that creates another link in the chain that can break down between the tenant's deposit and my bank account.

There will likely be a partnership return required where you flipped a house with a partner and lost $120,000.If you sold the other property within the same partnership, it will also be reported on that partnership return.The net result to you is that you will receive a K-1 showing your income / loss which you then use to report on your individual return.If you made no money within the same year, you likely pay no additional taxes / get no additional refund.Best of luck.

I believe Noah set you up right on that post!

It would be helpful to me at this time, to have about $25K in working capital for work on one of my multi-family properties.

What you’re counting on is even a slow rate of appreciation, say equal to barely inflation, called it 2-3% being multiplied by 4 or 5X because you only put down 20-25%.

You want to focus on markets that work with your plan and also where you have a personal connection with someone, even if you build that on the internet.

If you have cash on hand to fund the rehab and want to extract it soon after the project is done, you can use delayed financing.

What do people use to do so, especially anyone on Central Ohio? 

Now I'm wholesaling mobile homes on land and in parks. 

Hey, congrats on finding a potential flip—it sounds like you’re on the right track!