The IRS doesn't care if you're buying a house, improving it and then selling it or buying bread and lunch meat and selling sandwiches. 

That being said he was going to be moving into his mothers house because she is now in assisted living and he needed to sell his home, so he offered it to me at a very fair price. the home was not in my normal rental area but I knew the $ was around. 1st step I talked with my hard $ lender so I could make it a quick deal and have the ability to refi out of it, during that conversation I explained its out of my comfort zone but couldn't pass up the deal in this market!

This Corporate world is killing me at 46 years old... need to move my career.Thanks,Marty

Its a big move for me at this age but I am confident.

"I just bought this from you at $80k but I'd like you to sell it to me at $85k and then you'll give me the $5k back."

He did one for me at the end of 2015 and another one two weeks ago.  

That puts me in a position of evaluating the cost of those systems and what it would take to properly maintain the building and puts me at the point of borderline unrealistic expectations. 

Wouldn't it be better for a robot to scoop up poop on the farm but provide the meats/crops for you?

I'm a little worried about the deal because there might not be enough meat on the bone.

Russell Odom I was a meat cutter for 30+ years.