The tone of your initial post to this thread was very condescending and rude, frankly.

You just can't expect to cash flow on an initial purchase with a low down payment.

I searched BP and learned a lot about stepped up basis but couldn’t find this exact situation.

From the city guys coming out the guys doing the work for me. picked up two more opportunities in the same neighborhood as they felt I should make offers on the houses because the owners are being fined but not pulling permits and doing Shady work.II had an ex partner I used to tell him he'd step over a dollar to pick up a nickel busy try to cut corners. in this business it's very easy to do the right thing pull a permit do the right correct work and it'll pay off in the long run. in this situation before I would close on the unit the gentleman mentioned above I would call the city inspectors and get their opinions on things now it might even help you be able to lower the purchase price.

Would love to hear how you guys got started on your journey and steps you have taken or would advise me to take towards getting my feet wet on my new chapter in life.Looking forward to chatting with you all soon.

The good news is that you’re taking steps toward wealth.

It's time to move and start taking the steps toward my goal of financial independence. 

Sounds like there are more of us out there than I initially realized. 

This has inspired me to take initiative to develop my own early investor's system. 

What steps do I need to take to make it legal and safe for investors?