@Victoria Crump your friend will benefit from a portion of that property being tax free as their personal residence for 2 out of the previous 5 years. 

Single family, multi-family, mobile homes, storage units, etc...

@Krishan Sharma First, to qualify for the Section 121 exclusion of taxes on sale of a residence, you must live in the property two of the previous five years ending on the date of the sale.

It has recently been renovated by the previous owner. 

I also graduated from college with honors in business that emphasized real estate. 

You go tot their website and choose the yellow button, which shows previous sales You then go t your address on the mapLook for houses which sold in the past 6 months which are approximately the same as yours which sold for the highestChoose 3.

Pros: Let's say West Hyattsville is closer to more amenities and can tap into the University of Maryland student market, without having to be in College Park.

My worst fear is that that you was previously used for meth manufacturing.

I have found my first home to invest in located in a college town but I don’t want to use a realtor and I don’t have much cash.

The lots rent out for $60-$90 per night, which is pricey, but they have tons of amenities like clubhouse, pool, minigolf, boat storage and ramp, social events, etc, and cater to a high-end RV crowd.