Once you give yourself a good foundation, you literally have to fight the momentum if you want to stop progressing.

Post on Facebook that if they know someone looking to sell ask them to reach out to you first.Don't get down...it just slows progress.

You will run into assessments, HOA increases, unforeseen rental cap, and during the downturn condos are the first one get hit and last one to recover.

Originally posted by @Rich Thomas:I read a thread on here saying that your positive cash flow is taxed seperately at your tax rate...didnt make any sense to me...We have a progressive tax system.  

This option will also allow us to borrow from the cash value to buy real estate.There are many options so you will have to assess which option will work best for you.

Make sure you look into the city assessments when you buy out there.  

(the transfer tax is 4% of the assessed value)?

Hopefully the community can help me with the following questions:Do you agree or disagree with my assessment of these cities?

Take their sales value, subtract from it the cost of development, and back out the land value.Also, look up assessed value with the County.

These expenses involve down payments, taxes, monthly carrying costs, emergency repairs or unexpected expenses including curve ball assessments.