This is a major factor that has a can overshadow the typical Spring/Summer rhetoric.Do you invest in student housing?

If you plan on living in one side, there are factors that will most likely make a bigger impact on your numbers than the "big if"...which has loomed overhead for how many years now?

"we want 123 Main""It's a short sale, do you know what is entailed and the odds of actually getting it are slim (long explanation of the process)""We don't care it's perfect"Then for 4 months I get calls with the frustration building as the time goes on, my answer is the same"The bank has said nothing yet, we are still waiting.

One last point: remember that the main underlying reasons for all this regulation --- at least on its face --- is to protect the tenants and ordinary consumers.

The house probably needs a new roof and maybe 1-2 other things but it's mainly cosmetic updates.

Closely related to cash reserves.Focus on those two main metrics, and one will be as prepared as they can be.

I will be mainly looking at the fairbanks and surrounding area.

Wholesaling is mainly about being able to negotiate a good deal. 

Generally speaking advantageous tax treatment follows.Assuming active participation and AGI is below phase-out, expensed items will reduce taxable income, which seems like mainly W-2 income.Consult with your CPA/EA.

Cash flow is not important at all; my main interest is going free & clear on this property.