In all seriousness, we recent med/dental school grads are just HUGE red targets to the IRS.

Maybe this puts me at 6 rentals in 2 years and a decent cash flow.Thoughts?

Don't you love this business, a few years ago agents begged you to make an offer on a foreclosure,,I wish I had done 1/10th of the deals I didn't do because they weren't good enough (to me at that time).Now everyone is buying, I'm seeing a house I could have picked up for $70k a few years ago, rehabbed and listed (I didn't say sold) for $140k today,,,guess what, it was probable worth more than $70k a few years ago and isn't worth $140k now, but that's the marketWe are in a hot market, you just have to play the market however it is at the time.

One of my friends had the family job of riding her bike up and down the roadway every day at dawn, looking for meat to feed to their dogs.There was no meat to be had at any price.

I don't judge anyone, but alcohol next to the bed is a big red flag in my book...especially a tenant!

Before I start on it, just want to make sure, since my household AGI is more than $150k, does renting out benefit me at all?

I would anticipate this would be the same response for most seasoned note buyers/sellers.One red flag that comes to my attention:Why does the present holder want to sell the remaining balance with such a short payoff?

Spend hours online going over sites like Zillow, truilio, red fine, etc.

That would be a red flag if it has not sold.

Hello guys,

I am in the option period and would like to get an inspection done. Due to my work schedule, the best times for me are on weekends. My inspector said he can do it on Saturday morning around 9am. I let t...