Will there be areas that escape it?

We better have done prior due diligence or have a clause in the contract allowing escape with deposit refund, or we would be in the same situation as you.HUD properties and most all foreclosures need work.

The name escapes me ;-)This is not a comprehensive list and yes, I like the words awesome, huge and the ;-) emoji.Downtown Phoenix has and still is attracting droves of Silicon Valley tech companies due to our attractive pricing, taxes, living- and working environment.Scottsdale has been the world center of HNWI and UHNWI and their luxury-, equestrian-, vintage car-, golf- and art-gatherings in the world.

I don’t plan to hold it longer than 2 years so that we can escape capital gains.

I'm building this in to the price I'm going to offer, but a $2k-$3k hit per unit is most likely worth escaping any liability.

There is also the USDA loan for rural areas and another income-restricted one whose name escapes me.A duplex seems a lot more economical to me but for my budget ($200k max) they're difficult to find in a place I would like to live.

Here in Arizona they're everywhere, in Phoenix we have people we know as "snow birds" they come down here to escape the winter weather from Canada and all over the country, they usually ether own a home here or are looking to rent.In northern Arizona we have cooler weather, sceanic mountain views, and quite simply it's just beautiful.

I wasn't sure of Ben Skove's potential volume & if all properties were to be 'flipped' or some held.I flipped a few but (so far) escaped dealer status in both the S-corp & LLC's.

Percentage wise, I've took bigger losses to escape from a bad deal.

To escape possible IRS scrutiny in the future, I would probably take the $50k loan and use that as capital.