If you get in and get out with lets say, land, or new construction, or flips or something where your money is deployed in a much shorter duration.. you will still be subject to the whims of the market place but because the duration your funds are deployed and because you arent concerning yourself with tenants theoretically there is 'less risk'.

fpr=1k54qIf you want to DM your address I can provide you with a free report from my tools (bnbcalc and AirDNA pro)

However, a lot of concerns can be mitigated with looking at their past rental behavior in a lot of different settings.

How does this new law address the distinction between wholesaling and a net listing?

that's a huge concern of mines now

Hello @Yvonne Wang,The scope of work should include the following:- Basic info: Property address, client name, contractor's contact info, address, license#'s, signed general/operating agreement b/w contractor and client- Specification of repairs: Repair item, Quantity of items needed, total & per unit cost of items, taxes (if applicable), Completion hours, title of the person responsible for the repair item, written summary describing the work- Add'l info: Schedule of repairs, additional payment schedule details i.e. disbursement schedule, method of disbursement, deposits, holdback amounts, etc.The screenshot below highlights a couple of repair items.

I have a sibling who is looking to sell two single-family rental properties but is concerned about the tax implications.

Quote from @Damon Albers: Hi Chris, Not sure you have the correct address.

@Zach Howardyou can usually post enough information in a thread without the address and people will usually happily help you analyze deals. 

Address  |  Area | City  |  Zip Code | Beds  | Baths  |  SQFT  |  Appraisal Date |  Appraised Value  |  Link to AppraisalI have one appraisal to contribute.