My initial thought was that it would be hard for you to find something at that price point that was not in SE and you might have trouble finding something suitable in SE. 

If you run your flips via just LLC, you will pay that SE tax, if you run via LLC taxed as S-corp, you will avoid that.

I know SE is going transition even though I am not sure if it is the same kind of transition as Baltimore or not.

Just feel free to throw out any possible deals for a candid no holds barred appraisal by the guys on here as REI is so regional & specific to the laws of each particular area per se. take care & good luck 

Not deductible, per se, but it would lower the taxable income.

Had a 3/2 home at 4834 SE Brown, Lawton OK.  

It has been planned out for years.http://geo.azmag.gov/maps/land...In broad strokes, the Valley is expanding to the NW and SE.I'm working with investors who are buying single-family homes in the NW Valley, SE Valley and the West Valley.

Traditionally less desirable areas like East Durham and SE Raleigh will probably see the largest rent growth as affordable housing dries up and long-term renters in the Triangle move into those areas.

I've gotten some counsel on these items from 1 person, but I wanted to see what others have experienced.Thank you,Keri (flipper and holder in SE Michigan)

Since there is no earnest money per se involved in our contract with the investor, there is some gray area.That said, in the two years that I've been working for New Western, it has always been our position to give the investor a choice after our 14-day window has expired.