Supervising subcontractors, meeting inspectors and pulling permits can be a full-time job.Funding a flip:Pro: Funding the right flip can be quite profitable.Con: Correctly evaluating the project and the flipper requires extensive knowledge about construction, permitting, zoning and real estate resale values.

They explained to us how they have paid for the property three times by the amount of income they have collected over time, but now just want to liquidate everything.

: Lower Your Small Business Taxes and Tax Savvy for Small Business: A Complete Tax Strategy Guide Twentieth Editionlegal and insurance - Every Landlord's Property Protection Guide: 10 Ways to Cut Your Risk Now (book w/ CD-Rom) and supplement with Every Landlord's Legal Guide (generally speaking Nolo has a good collection of books)property management - an excellent resource is The Book on Managing Rental Properties: A Proven System for Finding, Screening, and Managing Tenants With Fewer Headaches and Maximum Profitentity start and maintenace - Garrett Sutton's Start Your Own Corporation: Why the Rich Own Their Own Companies and Everyone Else Works for Them (Rich Dad Advisors)  and Run Your Own Corporation: How to Legally Operate and Properly Maintain Your Company Into the FutureAnd here is a set of questions to help you judge if you maintain your corporate well:How well have you separated yourself from your business?

I self-manage so don't know how the property management companies do it, but I don't collect the application fee until after they have seen the property and passed my pre-screening questions.  

OK, well to define "broker" we must backtrack to the legal definition found in FL 475.01 (a) “'Broker' means a person who, for another, and for a compensation or valuable consideration directly or indirectly paid or promised, expressly or impliedly, or with an intent to collect or receive a compensation or valuable consideration therefor," followed by lots of lines describing different types of real estate transactions.

When you sell later on, you will still have to pay the capital gain, but on the new tax basis and you will have already collected your 121 exclusion that would have been lost otherwise.

I have two paths forward to get my first deal done, and I'd love to tap into the collective wisdom of the BP community for feedback.Option 1: Buy my own small multifamily (2-4 units)However, it's been difficult to find actual "deals" and candidly I haven't put in the effort to go all out, with direct mail, digital ads, out of state owners, etc. mostly just working with brokers and looking at the various online sources. 

I had to cops at the house twice to collect drugs I find hidden in walls and rafters and disposed of a ton of needles.

I think it's only easier to find investors when you have an extensive track record and a history of producing a results for investors. 

I use Cozy.co for rent collections.