yes, it has back taxes of $8k, but was not a tax purchase.I purchased it in February 2024

However, you might consider the property tax implications.

If you have tax planning and complex items within the return, I could see it getting there but it seems a little bit high.

@Bryan JeffriesThis is definitely a scenario to discuss with your licensed tax advisor. 

The demand is going to mean you pay a premium for it, and a lot less likely to get a discount. 

We use data from Airdna as well as Airbtics, MLS data for tax savings and property info, and also long term rental comps data. 

That means 20% of the loan to the lesser valued houses (3) and 40% to the higher priced home (1) for a total of 100%.When you sell one of the houses, you typically have to pay 110 to 120% of the allocation loan percentage based on current principal. 

However, I'm starting to worry about managing these properties once I relocate.While cash flow is likely to break even or be slightly positive, paying 8-10% for a property manager would significantly eat into my margins.

I've worked multiple internship jobs over my college career and feel very confident I could land well paying 9-5 as soon as I graduate. 

He owns the properties outright, has them in one LLC, and is concerned about a hefty tax bill in the year of sale.