Knowing very minimally of what I am talking about, I cant help but be drawn to a HUD home as a first investment.

I might cost to start up the IRA but the transfer fees are minimal.  

All,I know the typical way to minimize your exposure to capital gains and employment tax is to hold the property over a year.  

It will simplify and minimize your taxes.    

The six tenants who remain have all had their rent increased to $1200 a month with minimal renovations done.

Your task as an investor is to minimize those risks either way.

I always put my vacant properties in a land trust or LLC that will minimize your exposure and save you on the insurance.

@Steve RozenbergEducation will minimize your mistakes.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

I have been doing some studying and research so I can make minimal mistakes but now I believe the time is now.

While I could write them a $100k check for the full purchase of the house, my concern is that will minimize the amount of other properties I could acquire with the cash in the bank for further leverage.On the flip side, not paying cash is going to require outlay of several expenses that will probably cost me $5,000 or more I otherwise wouldn't have to pay if I paid cash.How do y'all go about making this decision?