The deal has to make sense and you really need to know the comps to make sure your investment is going to actually make money.

Instead, it turned into one of the most frustrating (and expensive) lessons of my real estate career.After securing the contract, my buyer insisted that I "winterize" the property to prevent plumbing issues.

I have a follow up question from yesterday's as I continue to build my team in Akron/Canton, OH for STR's.

I agree with the others.

Quote from @Kendric Buford: Hi, still new to the forums, please pardon any oddities in my post.

Just google the following: - special assessment - zombie condos - Florida condos (look for recent news)Since you are not living near the properties anyways, why not look in a landlord friendly state where the purchase prices are lower?

Selling the rentals via installment sales could also spread out tax liability.This post does not create a CPA-Client relationship.

The industry continues to see consolidation, with private equity-backed firms actively acquiring, albeit at a slightly slower pace than the frenzy a few years back.

Both investments can offer tax benefits, but real estate typically has the edge.

If it's a fixer upper you would account for the rehab and purchase price then compare against the ARV.