Given the current environment of high prices and high interest rates, it is not likely that a taxpayer will pay tax on rental income for properties purchased now.

Yes, I have spoken to a bunch of knowledgeable contractors but the bids have been very high. 

I'm hearing more about AP on takeovers that the new ownership did not seem to have knowledge of, and high AP at existing properties that have cash flow issues.   

If you're experienced or high volume, this can be mitigated. 

There are great values and there are some very high prices. 

There is negative cash flow… my thoughts are that either:- Rent estimate is way off- Property value is too high- Other?

I'm a little nervous too because the asking price is a little high for the amount of repairs that are needed, but I'm trying not to scare the owner with a low ball offer because I'm focused on getting him to finance the deal so I can get a low interest rate or no interest at all.

Spain is in very bad shape economically right now with extremely high youth employment and occasional riots.

@Alec BildsteinHouse hacking with triplex or quadplex properties can be a successful strategy in high-priced markets like Denver.

The high ROI potential with a sale price of $110,000 promised substantial profit.