This means that the depreciation recapture taxes and the capital gain taxes completely go away.It does not hurt to take some off the table and pay the taxes occasionally when you need to create some liquidity, but why pay taxes when you can use the money to continue building your own wealth?

Anyways, he'd provide a bid on a job and the homeowner would occasionally ask, "is that your best price?"

If you are not uncomfortable occasionally, then you are probably missing critical knowledge even if it is for defense. 

Revenue Rulings (58-112, 55-43 and 55-258) indicate that income from an occasional act or transaction, absent of proof of efforts to continue those acts or transactions on a regular basis, is not income from a trade or business and known as "other income."

One is 4 hours away in Dallas and I am currently selling it, and the other has a tenant in there that's been there for 14 years, and takes care of everything (I haven't been to the house in 2 years but do drive by occasionally).  

Oh I also have to "pay" occasional extra interest in the form of fixing sinks and stuff in one of their properties.

I currently have a full time job but am in a position to work nights, weekends, and occasionally during the day, Monday through Friday.

Definitely pre-screening calls on tenants to make sure they are viable potential tenants would save alot of time and maybe they would do the occasional showing.  

A small percentage of abandoned parcels can be sold at profit to adjoining property owners or other investors.Though small unbuildable lots are the typical abandoned property, there are also occasional abandoned single and multifamily residences –usually in a state of significant disrepair and neglect, usually because the owner(s) has been hospitalized, committed, imprisoned or simply mysteriously disappeared.At times timber and farm properties or even a mansion are abandoned.Another reason valuable property is abandoned is often that the parcel is loaded with debt owed to multiple lien holders and/or has assorted problems too difficult for the owner or any lien holder to want to take on.To profit from these properties will require becoming an expert problem solver.

I occasionally catch myself being envious of those that can simply "conduct business" without regard to anything other than the bottom line but then I think of all the people I know like that and I realize I'm more content having empathy for others.