My goal while I'm working is to always report a break even or loss until I retire.

Basically cash in the bank is a very good way to get an approval on bigger loan amounts or in general.

I was hoping it would be posted somewhere in the forum so I wouldn't have to bother you directly but it does not seem to be.Thanks for contributing to the Bigger Pockets community in this way

Hi Don, Welcome to Bigger Pockets.

Would need to know a bit more before giving a specific direction but it is usually best to hang on to your property and not sell whether you expand on it or rent it out and purchase a bigger property.  

As an investor in a market where cash flow does not come often and appreciation is a bigger play, I understand your mindset. 

Bigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

Welcome to Bigger Pockets Tannia!

I can see the OP giving this a shot.. but it is risky he could end up making a few bucks and getting experience might just break even or he could take a loss.. that margin is very thin in markets that are not selling as soon as you get CO  thats been one reason we have been profitable very few homes have been carried past CO so financing cost are at a minimum.. you hold a spec home 6 months past Co and every month your losing money you will not recover.

Hello Bigger Pockets!