Hi all-Getting close to closing on a prop about 90 miles from where I live. 

Arizona allows commission credits toward closing, so that part’s fine it’s just about handling the tax side correctly.Bottom line: You’re still getting taxed on it, but with the right accounting strategy, you can minimize the hit.

This is the value of having someone who has local experience.The company you said, if they are some "remote" company, I guess they could provide the things that you need and save money, but I would hesitate to feel confident if they do not have regional experience and that you would be left vulnerable if issues arise with the design later on. 

I'm not sure why you are so bothered by someone sharing their experience online. 

They did leave on their own before eviction owing me around $7500 which I will never see (one with Cancer, one on dialysis).

Running an Airbnb on the same property as your primary residence, is much different than a separate property.

I'm looking for specific feedback of investors who have either renovated or built new in areas that give 10 or 15 year tax abatements and the benefits you saw to the bottom line on at least a 2 year hold but better on a 3-5 year hold.

Glad to have you on the forum, Vidya! 

But even still, 31% cash on cash isn't bad.

I came across this article from Kellogg Insight showing how online sports betting is eating into people’s savings.