For simple math, let's say you were like 99% of the fruit cakes on this forum--- they'll say net $10k/mo.

It can be a simple 1-2 page Option contract.

Thanks Yes simple, you have it inspected by a led cirt guy, 500 per door.

Here are a few simple and free ways to learn: Go to real estate meetup groups, attend open houses and speak with the agent there, inspect FSBOs (for sale by owner), walk your area, and speak to people tending their yards.The idea is to engage with other people and ask, Ask, ASK questions about their experience with the local market.Some other ideas: find a home inspector who will let you tag along in a property inspection, and absorb what they are looking at and why.Your mindset and enthusiasm for learning about real estate will open many doors for you.Good Luck!

We've been communicating quarterly on the property status, but a simple search on Zillow made me think he's lying to me.

READ IT AND KNOW IT.We have a fairly simple process at all our properties. 

If you’re close to $150,000 in AGI, a few ways you can bring that down AGI is by maxing out a 401k traditional ($23k for 2024 tax year), maxing out your HSA ($4,150 for 2024 tax year), and if you have any capital losses from stocks (up to $3k per year), I would encourage you to have great bookkeeping to ensure you’re capturing all of your deductions appropriately on your rental property.

Quote from @Sarah Rhee: I have a real simple rule for investing: never sell an investment unless you can move the money to a better-performing asset, or if the sale will move you closer to your goal.Your situation doesn't meet my rules.

We dispatch them first at $50/hr to see if there is a simple fix and there most often is.

As Remington mentioned above, I would be cautious while wholesaling since so many wholesalers try to go around without disclosures and simple contracts.