Just keep on networking, and eventually, you will meet enough people in person, and gain enough knowledge to get after it at an exponentially quicker pace! 

From what you have told us, there is NOTHING to be gained for you in trying to put this property "in the works", because it is not even close to any sort of deal.

The nice thing about buying a house you live in, is you can generally change/sell houses every two years and not have to recognize the gains for tax purposes and you can roll it into the next one. 

hi all,My question is in regards to capital gains.  

As a result, I will make it a point to track these factors at least annually, and adjust the location of my portfolio accordingly, as well as divest my portfolio when the overall trend slows.I will, however, continue to do pure flips out of my IRA LLC, thus obviating the impact of short-term gains from a tax perspective.

How much capital gains tax will i have to pay

There are advances that are typically made to preserve the property and its title and keep other potential lien holders from gaining superior status to the security instrument like property taxes.  

Considering how young the industry is I think that platforms want to perform well to gain a strong foothold in this real estate disruption marketplace.

As you (we) gain more properties the risk goes down because of diversification.

You can not make a living wage have $100+ cell phone, $100+ cable, $700 to $1000 car payments, Housing, Vacations and still save money for investment, they will not take short term Pain for long term gain.