@Victor Yang To use the rental losses to offset any active income (W2), you'd have meet Real Estate Professional status (which would be difficult to do with a W2 job because you'd have to work more on real estate than any other job to qualify) OR have an AGI of $150K or less.

EVERYONE is trying to crack the motivated seller code with technology or other voodoo tactics but they fail to realize that the inherent simple characteristic of "motivation" is exactly that it can't be equated, formulated or coded.Motivation is not about "if you exhibit characteristics "X", "Y", and "Z", you have a higher chance of being a motivated seller". 

Real Estate Professional = 750 hours and more time on real estate than anything else.

Do you have Real Estate Professional status?

Looking to get into flipping projects preferably in the western suburbs

As someone who manages over 1,200 properties, I can tell you that proper screening is where professional property managers (PMs) really shine.Here’s why working with a professional PM is worth it:Screening Expertise:Fraud in tenant applications is more common than many realize.

Maintaining a professional demeanor is crucial, even in sensitive situations.

We are partners looking for a real estate agent with experience and knowledge in Fix & Flip who has connections with relevant professionals in the field.

(One went with another manager eventually, and the property is listed for $400/month less than we listed it, and the other finally got rented to a solo professional.)

I found this property through my network of local real estate professionals.