I set up a toll free number and posted it in our local classifieds.

Check local craigslist ads and classifieds for you appliances, then arrange a meeting with local authorities if you find the Bastard, nail his *** to the wall.

So I'm thinking of calling sellers out of the classified ads and using realtors as my two main strategies at this point for my first deal.

Pretty much why I was asking on here to see what others may have personally ran into, to me it seems that it's going to be classified as income period and the seller will be responsible for the taxes on that income, only possibly/partially offset by whatever other expenses the seller might typically be claiming as part of their regular tax filing.

You can't have just 1 week of classified ad etc... give it time.

That sounds a lot like an ad, and should be in the "Classifieds - Promote your Website, Newsletter, or Product" forum, not here.

My marketing consist of classfiied ads, ads in the free classified magazines in my area, and signs.

Someone that is generally a jerk to the tenants and may look for opportunities to take advantage of them.S/he just doesn't care or actually is purposefully not repairing his buildings to milk the most amount of money out of them.I would say that where the property is located has nothing to do with being classified as a slumlord.

The question is, will I be classified in my current tax bracket or the one this deal will place me in?

Former Justice Potter Stewart of the Supreme Court of the United States, in attempting to classify what material constituted exactly "what is obscene", famously wrote, "I shall not today attempt further to define the kinds of material I understand to be embraced . . .