Tahoe continues to grow as a tourist destination and the low taxes, landlord friendly make it an ideal investment area.

Work with your tax professional to see what you basis is so you understand the tax liability if you sell. 

I'm particularly passionate about providing investors OFF MARKET FIXER PROPERTIES! 

First of all, their comps were way off.

Granted the duplex will throw off more cash but you'll work your tail off for that.

If I'm understanding correctly, for a cash refinance...If you buy an investment property, fix/repair it, and get a higher appraisal, you can then take the $ difference and put a down payment on another investment, etc.If so, are there tax implications with a cash refinance?

Honestly being only an hour away is pretty ideal to be able to slowly transition to full hands-off operation through automations and having local contacts for on-site work, just gotta start testing things out and see what works best!

That way it is easier to do year one writeoffs and not have to do a Cost Segregation study. 

They're 5 years in back taxes, can lose it to the city, and I think they have a squatter.

For example a younger person with only a few years of credit history with a $100 written off cell phone bill from when they switched companies will have a bad score because they don't have enough history to offset that small negative.