One thing to watch out for... it is a tax, but not an income tax (so it applies to Roth accounts as well). 

Since I live in Florida, where many properties are currently out of my price range, I’ll be investing out of state.I have a few questions and would appreciate some guidance:1.

Am I totally priced out?

Lease out the basement and the first floor unit on one master lease.

Second, the purchase and sale agreement should spell out who writes the tenant estoppel letter--buyer, seller, or mutual agreement. 

Since I am focusing on cash flow I want to target B or C+ neighborhoods. 

We paid $232,447.36 out to 36+ different trades & vendors for this home.This $232K creates jobs and promotes growth because it is spent and recycled in the economy, creating a ripple effect.Congratulations to the Greatleaf Homes Team for another new construction home closing today!

Currently they need to be purchased with 100% cash, or, 50% down with high interest lending.  

@Joshua Detherage I will reach out to you.

An assignment is part of the wholesaling strategy.You get a property under contract below market value, let's say property ARV= 400K.You get it under contract for $150KKYou ASSIGN that contract to a cash buyer for $250K.Your assignment fee would be (roughly) $100KThe assignment is part of the wholesaling strategy.1.