Generally from the day you purchase a property through the day you sell it (in a taxable transaction), you'll be taxed on your net accretion of cash flow over that time period.The timing of when income is taxed is likely going to be much different than when the cash flow is received though. 

Determine what strategies you want to do and connect with realtors in the markets you want to invest in.

Both purchase price taxes and expenses could be disputed as higher or lower though I think they are pretty reasonable.

This includes property management, purchasing houses, etc.

I recently started purchasing commercial buildings here in Columbus, Ohio.

Purchase price: $257,150 Cash invested: $12,000 House hacking Duplex purchased using Conventional 5% down loan.

I just came from the bank to open a bank account for the newly formed LLC that will hold the property I am purchasing.

I would do title search and it would be a purchase contingency.

It will be what they purchased it for plus any improvements they have done to it. 

They have mostly been young guys (in their 20's) looking to save money.To determine what to list at, we checked the listing sites we used and looked for similar offerings (Roomies.com, Facebook Marketplace, Roomster.com, etc).