Title company set to close it but wants a 90 day cooling off period if the seller appeals or something comes up before they will deliver the title and give me insurance.12. almost 3 year later now we close and get our title insurance so we have also have fines to deal with and 3 more years of tax's13.

A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.

Answer: you would NOT be able to get a loan, period, the banks would shut down lending so fast your head would spin until Uncle Sam comes along and bails them out (again). 

You'll have periods of vacancy during summers and winter breaks, so factor that in.  

That redemption period runs for three years after the investor takes possession of the property. 

I believe it will barely break even and in addition to that, I wouldn't be able to afford an extended vacancy period either as that will require more reserves than I have currently available.

I tried to explain to him that when a Landlord first purchases a property, the first two (2) years are the period wherein you find out all the problems and quirks with the property. 

This strategy allows you to potentially make a quick profit without the commitment of having to live in the property for a certain period of time.Alternatively, you could also look into investing in rental properties in different cities where you have connections or where you see potential for growth.

Alternatively, the initial buyer doesn't need to order title if they get an end buyer before the title period in the contract (if there is one) expires.

And I was told the seasoning period is 6 months, not a year.