So its important we figure out which income is characterized under this tax as well.WA is nice because there is no capital gains and or state income tax, however RE excise taxes are around 1.78% of the gross sales price and sales tax is about as high as LA county in CA.I prefer a non tax state but if the deal is "good enough," overall I would still consider a tax state like CA if a quick sale wasn't in the short term game plan because I wouldn't want my long term capital gains to be subject to the state income tax.

So its important to make sure your first deal is a decent one that has equity after rehab and the your credit is good enough to qualify into long term financing.

From what I’m reading and listening, sounds like it would be worth my while doing some form of rehab to increase value, maybe that would be good enough to offset the PMIs

Sorry to be generic but only you can decide if a deal is good enough for you.

Refi buy more, or if the 8kish net per month is good enough, go to the beach and enjoy your life. 

If you are a good enough negotiater to convince him to sell to you the Realtor will love you especially if his listing is about to expire.

The BP calculator has a couple of quirks, but it's good enough to get the job done. 

Call it a "reward" for being good enough to have that volume.

If you hold it for 8-10 months you can start the application process and close on or after the 12th month.It makes very little sense to me to fix and flip a property if it cash flows and you have a good enough ARV to pull cash out and repeat the process. 

Getting a DSCR loan with terms good enough to make it work proved difficult so we might just be selling it off.