Second, I’m not going to look it up right now, it thought RE professional status was slightly separate from participation.

There are several units popping up right now for around 400k that I could reinvest the $ from the sale of my current home into.  

I also understand I don’t have a lot saved up right now so any knowledge is helpful in where I should be heading.

If he’s in Australia, I wonder if he’s up right now.

Yes, the RAL is more lucrative and if you get it set up right it can be very hands off.

Also, what martial art do you train!?

I believe there are a few large investors selling off portfolios and locals would rather own in Tampa so property in St Pete won’t get snatched up right away.

Originally posted by @Nick Amaya:@Maurice SmithI meant to reply sooner.Yes, I’m looking at the Stockton, Manteca, Modesto, Merced area.I have send few offers but I am realizing that there are lots of cash buyers in this field as well. i lucked up and closed on a triplex in tracy ...fha 3.5% down with an outstanding 2.6% rate  lol it was suppose to be owner occupied but how this covid is set up right now i dont think that will happen now..so basically was able to get another mf rental without having to drop 25%

If we see one month with a significant usage increase, we'll go read the meters and true up right away.  

Obviously sending a handy man to a property 3 times a week for small things that occur can start adding up, right?