It seems like you are looking for buy and holds, but do you want to do those locally or are you open to doing long distance rentals?

Quote from @David Chance: Hi,I plan on getting out of rentals because it is becoming harder to be a landlord in Maryland.I'll be selling them.. but was wondering if it is a bad idea with regard to taxes to sell all of them right away.I understand that with a sell there are capital gains and depreciation recapture, but is there anything else that I should consider?

The dangers of relying on getting your generic “what-if” questions answered here is that it has a high chance of being answered by someone (in another state) guessing what would occur.In CA (my state), mortgages are generally not callable merely on death of borrower.

There seems to usually be something that needs fixing or updating when you buy it but how do you know when it's too much?

They may try to buy a house a few years down the road and pay you off.4.

Whether you’re buying or selling, the key to success lies in understanding the trends and making informed decisions.

After a month went by with the owner not willing to do them and knowing I bought homes as-is, he asked what price I would buy it for a project.

I don’t buy properties that don’t cash flow as it’s a nightmare to end up owing $800-1000 month to own an investment property.

What I really love about this strategy is that you can often get a nicer home this way compared to buying something that already had a basement unit.

Buying 5 single family homes is likely going to be a lot of work and there are other assets that cash flow better and are more liquid.He also has the ability to 1031 his equity into passive investments (which is a common strategy for property owners who are retiring).