Hello i bought a house for 75000$ and can get a loan on it for 155,000$  My question is hypothetically if i were to only get a 20,000 Loan From the 155,000$ loan and never pay it would they foreclose on my property and i would loose it for not paying the 20,000 Loan?

I had boots on the ground (my own) in Fort Wayne for many years but I wasn't actually looking for anyone else there. 

recovering this negative position can consume years of the actual cash flow when using realistic expense estimates.  

This strategy would actually capture the "savings" you are trying to achieve. 

I've not yet invested in my first property, but I plan to purchase my first one by the end of 2023.

I understand Philadelphia requires a local property manager. 

You’d be shocked by how little actual screening many PMC’s do!

I'm actually not leveraging bonus depreciation at the moment, and am looking simply to offset normal expenses (including standard asset depreciation) against non-passive (W2) income.

Today, for example, I had to leave work to run a toilet to my plumber because when he took off the old one, someone had done a hack job on the remodel plumbing and damaged the flange and we actually needed a smaller toilet than was on it (10" instead of a 12").

@Ngozi IwunzeOne way to avoid capital gains is to turn the flip into a rental after the rehab and then do a 1031 exchange into a more expensive property.