If you buy it too low, in some jurisdictions they will call it "equity skimming" which is illegal.It can be very profitable, I've done many, but you really need to know what you are doing. on pre foreclosures on the West coast if you happen to do them legally .. the old owner is due 80% of the profit if you sell within 36 months.. so there is that.. but if your buying pre foreclosure for long term hold and wait out the 36 months then your fine. the reality these days is post GFC lenders/ banks/ servicers have realize that working with the buyer to reinstate recast redo the loans is far better than taking it all the way to foreclosure so your correct its usually the worse houses that make it all the way to the end and go to sale.thats why if you follow NODs  Notice of defaults or whatever they are call in your state. you see so many postponements and or removed or paid off etc.. so you hone in on one property do all this work only to have it not go  to sale  rarely are you going to buy a home that you really want LOL

It's sad to see so many of these threads after looking through BP today, but it was totally expected based on the insanely low rates a couple of years ago and realizing how commercial lending works.It's a bummer, but there's no such thing as passive investing and there's no alternative to digging into a situation and understanding it for yourself.

Pretty much instead of you looking for someone to run your STR, it's a company looking for you because your property is in a vacation area, or they realize it has great potential as a STR.

Now, I realized I made a mistake by letting them using the garage, since now they are starting taking over. 

Capital gains realized by nonresidents on the sale of Portuguese property are taxed at a flat rate of 28%.

You do realize that these forums don't go away.

First, many move on from their cash flow properties quickly when they realize they aren't in fact the cash cow they believed they were buying.

I purchased real estate in an Opportunity Zone a few years ago through a multi-member LLC but didn't realize that the real estate was in an Opportunity Zone at the time.

Ultimately, I realized that trying to wait for a perfect moment feels a lot like attempting to time the stock market or predict a real estate bubble.There may be advantages to waiting and seeing how the election affects market policies, but it's hard to predict when those policies will take effect or how they’ll impact the market.

You have to spend the money somehow without always thinking of the 4th quadrant, even though that money was realized from another asset You're in GA so you may relate even better to our market.