I am debating if I need to hire an attorney to get this done or an accountant (since they probably know the tax side of the business).

Purchase price: $81,000 Cash invested: $10,000 SFR in a hot deer park market.

Just wanted to bring it up on here, because i am no expert on the tax side of investing in real estate, honestly i am still learning the basics and getting my feet wet, so there are a lot of things that i have little to no experience in and if this was an actual honest way to go about things, then i figured it would be worth learning about and investing time into it.

@Jeremiah Gaviña  If you’re going to sell life insurance on the side why not just get your real estate license? 

I am also in a very hot renters market (Charlotte) where folks are moving to every day.

The reason most houses built today have forced hot air is because you can use the same ducts for air conditioning so it normally ends up cheaper.

I’m referring mainly to the firey west side.

New deck, Roof, HVAC, Floors, Furnature, Hot Tub, Landscaping.

I use the accountants software for the PM company side, but still just track the rent and property expenses on a spreadsheet as they are still owned personally. 

@Luis VacaThe market is so hot right now that it is a fabulous time to sell.