@Joe Splitrock I'm actually pending a call with my accountant regards the rental home and how that's looked at from a tax perspective.

Yes, Home Depot has a bid room for Pro accounts and anything over I believe $2500 can go through the bid room.We are picking finishes for a 284 unit deal we are closing in a few weeks and looking at ordering via HD Supply.Some items we may source directly from the manufacturer in China.

I have ~65K in cash, 11K in a Roth IRA(which I dont really want to pull out) and ~54K between my savings and brokerage account.

Originally posted by Account Closed:I am currently working on my first seller finance deal and I'm trying to figure out some creative ways for an exit strategy.

Account Closed I would think NO.If the law says (and hopefully your lease) that he has to give 30 days notice and he did not then he is not entitled to the deposit.I would confirm this with a local attorney to confirm.

If this is a rental property $1,700 per month profit sounds a bit high are you sure you have accounted for all expenses? 

At that point, they give you credit for 75% of the rents to account for vacancy and capex.

The property will no doubt cash flow but with my current SFM becoming my first rental, I was wondering if there is anybody out there that knows of a good RE accountant locally.

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Account ClosedCome on in, join the fun.Terryhttps://www.reviewjournal.com/business/business-co...