I follow this forum so I se most of the post here.

Because it would have been the only and first one .. coupled with the first two reasons .. our thought process was that it would have to se as a all cash or a large cash deal and that would limit our field of potential buyers .. 

Long-term cap gain treatment has sooo many benefits over earning ordinary income and paying SE taxes.  

There are no guaranteed rates, per se.

Thanks @Andrea Dees I know the location...we hang out in SE Ohio during the spring/summer...lots of great spots around Athens...the area down closer to river is historically depressed....where did the $127k come from?

I would keep them the way they are set up, except combine Cambridge with Boston, (@Brandon Turner it's an immediate suburb of Boston) and add SE MA & Cape & Islands as a 4th.It is noteworthy that only Boston currently has any activity.

Let me cover the basics:Who:  Aaron (myself)What:  Rehabbed PropertyWhen:  Over the past year (Summer 2020 - Present)Where:  I live in MD, the property is in SE DC.Why: That is what this post will cover ...Next let me explain my title of this post ...Newbie - The "financial literacy" switch recently got flipped with me during pandemic. 

Madison and SE huntsville are pretty good areas.

Also the chief complaint amongst neighbors is not partying per se but kids splashing in pools during a summer Tuesday night is a constant nag.

Hi to everyone in BiggerPockets! My name is Susan McCormick, from the Golden Isles of GA, Southeast,coastal near all the Islands.I am a RE Broker here, but first was an "investor" meaning I just bought properties and ...