By the way, I am building a big network on social media and I am finding deals every day for buyers but I only do syndication so I get a acquisition fee as a co-gp and also 5% to 10% on equity.

The personnel  they use to collect the money and do repairs do it everyday and have the parts available for a quick fix.

Can you keep it rented on a regular basis? 

I am not sure if that means Northern MN is of interest to you, but we work with clients everyday getting into their first home/house hack.

The capital gains would be based on sale price less basis.

Hey BP Community - My employer does not match 401k contributions so I'm considering abandoning the contributions altogether and instead investing in something like the SPY ETF on a regular basis. 

His entire platform to politics, becoming a Mayor, than Senator, was in representing DEAD towns, dead and near dead markets who lost there industry basis and have been eviscerated and NOT come back. 

The placed-in-service date can be any date during the year; it doesn't have to be January 1st.Regarding closing costs and other expenses, many of these costs are added to your property's basis and recovered through amortization over time once the property is placed in service.

And with that, those market prices will be stepping back to basis more-so held by local market fundamentals than OOS $ flocking in using other-market perceptual value and in-market ignorance of value basis for pricing. 

I'd say they have a consistent deal flow for you to look at, but certainly don't take the data they provide as your basis for buying/rehabbing/selling.