I made some money, but it was not for me.

Took me 6 months to sell 2 new construction houses and had to mark them down 1-$30k and the other $40k but by the grace of GOD, I still made a great profit, and was able to move on. 

(My company closed, so actually they pulled the trigger.)The OP is making more than triple what my wife and I made.

Morning All, Our portfolio under management is made up of roughly 57% CHA tenants (Section 8) and with that comes the task of annual CHA inspections. 

For Cashflow, you could invest in any private funds.Serious money can only be made in CA.

I highly recommend working with a real estate focused tax pro to explain your specific strategy, so you can be made aware of any pitfalls that could get you into trouble. 

BUT I don't feel like there is really anything out there to CONFIRM or AFFIRM that you made a good purchase. 

It's also great for the customer as a part time Realtor does more harm than good.I've sold real estate in Minneapolis - Saint Paul, Austin Texas, bought a lot in Louisville KY and am also currently licensed in Florida.

But it really should not be done without a customized tax plan and, more importantly, business plan.

However, as others have mentioned, that might not made sense for you if you're planning to just purchase a single SFR or start flipping.