@Jerel Ehlert That was a ton of valuable information. 

Not only do you get to create equity from the rehab, but you also get to live in a brand new home, which you can sell capital gains tax free in 2 years. 

They oftentimes are very familiar with different aspects of Realestate investing and offer valuable knowledge and information.

I think hearing both perspectives will be very valuable. 

This is the best way to put off capital gains tax for the owner as well.Happy InvestingDerek Dombeck

My last lender pointed out that if you reported significant gains or losses on a K-1 he would want to see those returns anyway.

One thing I might suggest is to be very active in the forums when you can: you gain visibility and it leads people to check out your profile.

Plus he is a guy who called the 2008 crisis with data instead of wild speculation used for personal gain (think Peter Schiff)6.

But the question on being represented by a realtor is completely different from the question you are trying to ask, which is should you buy something turn key or buy something distressed to fix up and gain sweat equity.

Thank you in advance BP community for your assistance and valuable advise.