. $60k doesn't buy a whole lot these days that's not going to come with a pretty substantial amount of risk. 

If an agent brings a client and buys the wholesale deal, their standard contract is the second contract that the original contract is being assigned to.

My idea to buy a home is to get an 80% LTV 1st mortgage from a bank, take over that mortgage and give the seller a second mortgage for 50% of the 1st mortgage balance because I need some cash to cover the payments, which the amount of cash would be more than the remaining equity in the home.

I'm now considering buying and converting the units to condos.

So if you are buying a property the traditional way, using an agent, you won't usually get answers when it comes to the condition.

I'm also a bit afraid we may be going into a recession soon, so now buying lots of EDV (20-30yr US treasury Bonds, which will go up in value by 30% for every 1% drop in 30yr bond rate) Good luck.

There is no value in buying this business.

I have seen a tax attorney on YouTube specifically saying you can take a full year of depreciation even if you buy in December but all I see in the IRS publications indicates that you have to prorate based upon the time it was available to rent.is there a rule I am missing?  

Then they take that 1 in 10,000 deal and plaster marketing all over the place making it look easy like everyone that buys into the course can do it to.

Most investors focus on what can they buy now with their available capital instead of simply what is the best investment for their capital without limitations.