A lot of times the different viewpoints lead to different questions to ask.In regards to your replies:1) I'm no legal expert, but it seems the sections of tax code you mentioned don't consider in-laws to be a personal relationship that would prohibit the transaction.

Hey Tim, For the REPS status, you need to pass TWO tests to offset the losses generated from rentals against your active income. test 1. 750 hours in a real property trade our business and more then any other activity. test 2. materially participating in your rental activities. 

Less than what they get in the burbs in terms of wealth generation. 

Just be cognizant of point of sale inspections on some of these neighborhoods and inevitable lead certs.

Hello all -I have been thinking of getting into realestate investment for a while with a goal of generating income stream (today my only income Is through my job - I make decently as a senior exec). 

You need to know how many of those things/activities lead to a deal.

Where are you generating leads and for what end? 

Institutional investors and hedge funds may allocate more capital to private lending platforms, leading to better loan products and increased liquidity.

Keeping in touch with people in the field might help you keep updated and perhaps lead to profitable collaborations.By thoroughly researching, budgeting wisely, and managing your projects carefully, you can successfully flip houses even in a new state.

This experience proves that even with challenges, strategic renovations and persistence can lead to a profitable outcome.