After talking to my guests and understanding their needs, I shifted my approach.

Also know that upon sale sometimes the presence of more water meters increases value.Curious to understand the forum's opinion on the best water meter configuration given costs OR if it’s just not worth it and I should leave the one master meter and stick with RUBS on all 4 units.

Seek legal advice, however, what I understand is that there are really two way to wholesale that is legal in the state of Arkansas.

Want to understand more about tax issues, liability, and asset protection regarding investing in real estate.

Hi Chris, if I understand the transaction it sounds like you will receive a 1099-S for the full amount.

You should contact both your lender and your title company to understand their requirements.

There are many nuances in any one market that take time and knowledge to really understand.

The property is located in a mid-size city with several attractions nearby.I understand that management fees can vary by location, but this property management company charges 20%.

From my understanding, it might be more advantageous to refinance as a rental property at a lower LTV with income from two units, rather than as owner-occupied at a higher LTV with only one rental income considered.

And I also see many questions popping up about running a short term rental business, which to me is more of a business than an investment although it does involve an investment in real estate.