If it's a hot market, I generally would take the following approach:Offer whatever the seller is asking so you can tie it up as soon as possible, SO long as (1) the list price is within $5k of what I will close them for.... and (2) the price you offer minus $5K will be a purchase price that will enable you to achieve your target returnI know that I will negotiate the price down after inspection and most sellers are unwilling to drop the price more than $5K after inspection unless something is seriously wrong with the property. 

I have a full-time employee finding deals for me and a bunch of other sources which enabled me to complete a dozen flips and to buy 41 units so far, but like everyone else, I always want more and I want to find ways to increase volume.Thanks a bunch!

I understand from other discussions here on BP, that the IRS may have very stringent requirements for REI's claiming Professional Status to enable RE losses in excess of $25,000 per year against non passive income.One suggestion, in addition to detailed records of the over 750 hours of RE activity, is the "Election" of combining of all your RE properties into a single entity.I have not found a way to do this in Turbo Tax (no chuckles please).Does anyone have experience with this and discuss the pros and cons of such an "election."

Filing of paper tax returns will remain available after that date.IRS Modernized e-file, the system that processes electronically-filed individual returns, will shut down after Nov. 18 so the agency can perform annual maintenance and to enable the IRS to reprogram the system for the upcoming 2018 tax-filing season.As a result, any taxpayer needing to file after Nov. 18 will need to do so on paper.While most individuals have already filed their 2016 federal tax returns, certain taxpayers may qualify for an extension until Jan. 31, 2018.

At some point you should have achieved those BIGGERpockets that will now enable you to use your own cash to invest.The housing market is doing well now. 

Your money is growing at 100% per year and you could (again, theoretically) just keep adding more capital to enable he team to do more flips:  Year 1: $60KYear 2: $120KYear 3: $240K Year 4: $460KYear 5: $920KYear 6: $1.8MMSo let's take this extrapolation and create a better marketing pitch:"INVEST $30K WITH ME AND WE WILL RETURN NEARLY $2 MILLION DOLLARS TO YOU AT THE END OF 6 YEARS!"

Over the years of investing I have started to develop a metric where we look at the ratio of PMs in NARPM compared to the overall population to determine if there is sufficient mass of service providers to enable successful SFR investing. 

There are several websites that enable you to hunt someone down.

Note: There is definitely a lot of upside in the area right now due to overflow from Seattle and better transit options into the city, but I don't want to bet on this with the market being where it is right now.Our current house hack has worked out great and enabled us to save a ton of money.

Secondly, the benefit of owning multiple MF units as opposed to one large one would enable you to compartmentalize your assets insulating them from each other.