However, if your looking for short term flip or even long term capital appreciation maybe not so much.I am a cash flow guy, but you will need to embrace property management and taking on Section 8 has other challenges as well.  

Go grab your signs and throw them away.Of, if you're willing to engage in criminal activities to make a buck, look for more profitable opportunities than bandit signs and wholesaling. 

People who are getting FHA loans on 100k houses are usually only putting down $3500 - and often times a portion of that is gifted, so your option fee might be a challenge for many of your potential buyers.

The CPA you spoke to was right, there are tremendous tax benefits for what the IRS calls "real estate professionals" The basic criteria is twofold: 1) you must engage more that half of your 'working' time in real estate related activities. 2) You must spend at least 750 hours involved in RE.What is considered real estate involvement?

,I already assumed, and mentioned it last month on a post that because you are from JAX, NC and standing in front of a red brick background, what looks like a headquarters building or chow hall on CL, that you were.Therefore, I'm not going to engage with you on a subject like this as I would feel bad if I made you look bad, so you get a pass.

If it is not, and the listing agent engages in it, that would be illegal, and he would be subject to disciplinary actions and fines. 

One of the challenges with this situation is meeting the debt-to-income ratio and residual income requirements, since you’re basically on the hook for two mortgage payments each month.

This will be the first project for my group and myself so the whole process is a bit challenging but, rewarding in the long term.  

Lower income areas have unique challenges other areas don’t have .

The trust rates were reduced slightly with the 2017 tax law, but not nearly as much as the corporate rates.2018 Estate and Trust Income Tax RatesIf taxable income is:                                The tax is:Not over $2,550                                       10% of taxable incomeOver $2,550 but not over $9,150          $255 plus 24% of the excess over $2,550Over $9,150 but not over $12,500        $1,839 plus 35% of the excess over $9,150Over $12,500                                            $3,011.50 plus 37% of the excess over $12,500Because of the new corporate tax rates, the use of a UBIT Blocker corporation may now make sense for those investors wishing to regularly engage in UBIT exposed activities such as house flipping.