Flipping outside your zone can be profitable too, just gotta make sure the numbers work.

I haven’t made any profit yet and I’m wondering if I should still file taxes for my “business “. 

Is that process too complicated, yes, but there is nothing in this decision that will prevent a tax sale purchaser in MD from reselling at a profit after obtaining the property by foreclosing the right of redemption.

I don' think anyone is suggesting that simply managing these 9 properties is enough.

Hence my take on CA; pricing is way too high and margins way too tight for the risk at playing the loooong game because I simply don't have faith in CA's actions, or better said inactions, for the loooong game. 

Marie, Please keep in mind that when you see people referencing with these funds it's because they are invested in these funds, bought the sales pitch hook, line and sinker and are being told by the operator, "don't worry about the market, we're experienced and conservative so you'll get all your money back and a tidy profit.

With over 20 years of experience as a mortgage expert and real estate investment veteran, we leverage our mortgage company to secure below-market financing for our clients, ensuring maximum value and profitability.

It was built using the profits from a new home build I completed in Georgia, so there has never been a mortgage on it.

I proved to them lending me their money was an easy way for them to profit themselves.

Thus, you will have a higher profit margin.You will have added closing and holding costs when paying with Hard Money.