Be VERY careful of the idea of storing up cash for a big purchase.

In the meantime, while I'm gaining experience, we are looking to deploy/leverage the capital stored in both of the buildings to purchase additional units.

I found this site eager to learn and understand real estate and how to get started, I also came across the book "How To Invest In Real Estate" at the store and realized the opportunity I found.I am determined to learn how to proficiently use real estate and other investing methods and careers to pursue my dream.

In the year of sale, your Cost of Goods Sold for the flip property is the total accrued cost of the property to include acquisition cost, repair/rehab, maintenance, and other holding costs such as property taxes, insurance, and utiilities.While dealer realty is considered merchandise (inventory) to your flipping business, the tax treatment of your inventory is not the same as for a traditional retail business such as a hardware store.  

Perhaps an empty lot 3 years ago is now a nice new apartment building or an empty store was converted into a nice coffeeshop. 

Most Americas store their wealth and retirement in the stock market through index funds, IRA, retirement accounts or mutual funds.3.

Luckily if needed I can work at a fast food restaurant, gas station, dollar store etc... so that I don't have to accept those terms.  

An anology:  One could go to a form store and get a Warranty Deed or pay an attorney to draft it. 

Leaving alcohol seems a little weird to me, maybe a $10 starbucks gift card or grocery store card with a wine suggestion...bible belt here and many do not believe in drinking.

The building consists of two store fronts and a two bedroom apartment.