The type of the neighborhoods where his properties were located didn't fit in with my plan but he did well and the purchase costs were low.

Really the person that is going into the flipping game should know the market very well to do these comps on their own, and back it up by asking their trusted real estate agent/professional for confirmation.

As explained above, income from the financed portion of the property in an IRA would be taxed as well, but you can deduct related expenses, including depreciation, to minimize this tax liability; that is why I recommend a discussion with a tax expert to understand what your numbers would look like.Hope this helps!  

Of course Lancaster is a huge real estate spot in Pennsylvania and continues to grow bigger and better with York county doing well but not quite as fantastic as Lancaster.

Question on that driving for dollars as I have thought of doing that as well.

I was looking into bank stamens loans as well but I'm not sure if that would be the best option for us currently.

If it’s a small place mini splits work well.

If so, you should also look into the insurance requirements during construction (both builder risk as well as the GC's policy, but particularly the GC policy).

Thanks for the information.

You only need a place to track tenant information, payment history, maintenance, etc.