I did some research (visited the county assessors website, Zillow, etc) and found out it is not on the market.

As an investor, there is a lot of potential for growth, and as I see philly development sky-rocket, I firmly believe holds will generate a good profit in the long run! 

Several niches interest me, such as buy-and-hold rental properties to generate passive income or possibly wholesale acquisitions to utilize my sales background.I do not have a Texas real estate license, and want to learn some in's and out's of the industry before deciding whether or not I will need one as a future real estate investor.  

Visit this website.  

I would rather sell the property at this point due to capital gains and the fact that my end goal is to generate about 12k monthly in passive income.

@Javier PinedoIf you generate earned income from self-employment activity, then a solo 401k is a great way to save on taxes.

Here is the situation:1) House A is my primary residence, with $200K mortgage. 2) House B a rental with no mortgage (fully owned) and a market value at about $350K3) Plan: Get a 15-year mortgage on rental House B and take out $200K cash out to pay off the primary residence mortgage.Question: Would interest on the new 15 year mortgage be deductible against income generated by House B?   

Even worse, investors generate multiple transactions but the pricing / costs seem to be not better than the once in a lifetime house/ homebuyer.The guy in this $880K flip, got $130K out of the deal ......but the transaction and financing costs were almost as much.This makes me think 2 things:1.

He's telling you to wait a week because you're going to go look at cars in person, or put your contact info on some website, to "think about it" a week earlier than whatever he tells you (this is 100% true, and as a lender I will not believe you if you tell me otherwise... sorry :P ), and the second you walk onto that car lot a bunch of car salesmen are going to descend upon you, deploying various lines of BS as a pretext to run your credit ("it's a soft pull" or "we just need your SSN to verify you aren't a terrorist, we aren't going to run your credit") and close you on a car that very day, and there is greater than a 0% chance you will believe what they tell you and screw everything up.The rule is that whatever you tell homebuyers not to do, some non-trivial percentage of them are going to push it one notch farther than you tell them.

and yes City of Portland is extremely strict with the short term rentals, they even go on the airbnb website to look for operators without a permit.