He will surely know the best answer.

@Julian Martinez The good thing about your position is that if you decided to sell the property you can qualify for the 121 exclusion, and qualify for a 1031 exchange.

We use DealCheck to underwrite deals and QuickBooks Online for everything else post-closing on the purchase.Quickbooks Setup:- Classes allow for separate P&Ls for each property. - Products & Services enable us to track each 'phase' of the rehab. - Projects give us visibility on my projects- My CPA can easily access the reports for tax preparation.

In the last 2 months, I have been getting a lot of “I want to buy your house for Cash!”

Prices go down, causing financial pain for the gentry.

Welcome to BP, how's the search going, have you found your first deal yet?

Minut seems to be less expensive, but according to Wynd's website, they say Minut's smoke monitoring is in Beta and doesn't track marijuana smoke.

VRMCO is the site that lists the propertues but they do not do the loan originations.

The key factor is the amount paid and the nature of the payment, not the payment method.

Unless you can get the price significantly reduced, walk away Tim!