I'm contemplating driving by his home coincidentally and kinda just blatantly asking if he's interested in selling.

I have been a member of Bigger Pockets for a few months now and have been contemplating getting into the real estate market for a while.

I have been contemplating for a while to sell one of my half+ a million dollars worth of property via 1031 exchange to do something similar to you.

hey @Chris Tarpey thank you for reaching out bro, I’m currently Learning the GRM, 1% rule, cap rate, etc, but I’m not sure if the results of my formulas are good or not, right now I’m contemplating to purchase a SFH ( ranch ) is on the market at $114k that I could potentially rent out at 1300 per month when I invest another 3 to 5k for renovations.

., to perform the activities for which Value Property Investments was organized—he was not carrying on a trade or business as contemplated by section 162(Business deduction).Nonetheless, in order to resolve the matter before us, we do not need to decide whether investor's business started at the time he purchased the 1st property or at the time he held it out for rent, because, in any event, the expenses in question here all occurred before the purchase date, i.e., before December 30If the earliest possible date investor was actively carrying on a trade or business was December 30, 2004, then any expenses incurred in that year but incurred “before the day on which the active trade or business” began, all the expenses incurred from January 1 through December 29, 2004--would be, by definition, start-up expenses whose deductibility, and possible amortization, is expressly dealt with by section 195(Start up amortization)."

I have been really contemplating cutting down to part time and trying out a new career choice to see if it makes me happier. 

To all you experts out on Bigger Pockets, I wanted to get your opinion on an acquisition strategy that I have been contemplating.

Even more so if you ever contemplate short-term rentals where property management fees (percentages) are decidedly higher.So if I'm in your shoes I'd lay out what your projections are to get you to $8,000 per month.

Currently, we're contemplating switching to a different dialer to see if we can achieve a better outcome.Feel free to reach out if you have any questions, good luck!

I'm contemplating financing this deal through the following strategy, I have not yet pitched it to the seller:I'm going to propose to the seller that I will give them their full asking price, if they keep the title under their name while I renovate the property back into 2 units (I will pay for this), and I will also continue to pay the $2650 that the owner receives each month in rent throughout the duration of the renovation.