There are 3% rent increases built into the leases and I can bill the tenants for increased CAM expenses, taxes and insurance.Am I missing something here?

More people are wanting to get into the STR game and if an area doesn't have enough guests to support more and more competition, I can see this happening.Good job on recognizing the trend and getting out while house prices are still high in the area.

Companies invest heavily into training because its actually relatively cheap.

Look into section 179

Hi I just went in to contract on my first fix & flip in Scranton Pennsylvania, and I am looking for straragies how to avoid paying big taxes for the capital gains, (beside of deducting of the expances).I heard that if I am buying a property through an LLC and then I am selling the LLC not only the house that could help, but I am not sure how to do it or it's really working, could someone with  experience help?  

Purchase price: $1,150,000 Cash invested: $300,000 Sale price: $1,628,000 Built in 1890, this Old Victorian was converted into a duplex in the 70's by a talented architect who made some unique and extraordinary custom design choices (read vaulted skylights) that made this property truly one of a kind.

I am looking into private money now more seriously.

-If the tenants wanted to, they could contact the City and get you into hot water.

For example, you might be into a home for $85,000 and it appraises for $110,000 which would give you the bulk of your capital back upon a refi.If you don't have the cash to do all-cash purchases you can simply buy stuff with 25% on financing upfront.

Lots of newer neighbourhoods have detention ponds built to reduce the amount of water going into the storm sewers during storms, so I wouldn't worry about it.