If I'm looking for a used phone then chances are that I'll be able to find a listing that's a great deal (substantially below market rate) after some time.. but with houses that wasn't the case.

Sometimes the cheapest option isnt the best option, and most over-the-phone rate quotes (saying "I have 800 credit and 20% down, what's your best rate?")

I wouldn't recommend trying to do something like this right off the bat, I think you need to get into the game and really know what you are doing before taking on that level of risk.Happy to chat more over a phone call or direct message if you want more insights or have more specific questions!

Marcy* sorry phone autocorrected :-)

After the tenant moves out, we send someone to inspect the property for any damages, including furnishings like a broken vase.

Taxes are calculated on the gain (e.g. sale price - purchase price + expenses, broken down fairly clearly by @Jake Baker) not just on the sale price.The tax treatment on sale of a Primary Residence vs.

In your case you can always buy broken duplex/SF and create value from there.

This may be done in person, over the phone, or maybe a zoom.

This requires a series of phone calls where someone along the way always shuts it down. 

Right now I use an VA from the Philippines to respond to all my leasing questions (from Facebook, email, text, and phone) and help with application screening and it's been working great for over 5 years!