I was wondering about an idea my uncle had who also invests in real estate.

So this is a long story... but I wanted to ask people's experience, if anyone has some.The VERY condensed version is that I am potentially going to purchase a house/property from my uncle. 

@Heather CollinsMy uncle is in the same boat as you.

My family and I live in the Greater Atlanta area, my 1st notion about becoming a Realtor back in 2014, My cousin and uncle always talked about owning a property as a group.

Roger

@Michael Plaks Roger that.

My uncle who invests in property says I should post 2 of my 7 for sale on the MLS for 275k each.

I bought 12 new constructions I Mississippi for Go Zone.. all 150 to 225k.. granted they were all great rentals as rentals go.. covering the mortgage and maybe a bit.. and I spent about 2million on them over 2 years but go zone game me 500k write off each year.. so a tax saving at my bracket at the time of 200k a year that I would have to send to uncle.. remember in those days us HML were printing profits.

@ROGER RAMIREZ Most landlords are not afraid of mold either.

@Roger Medina1.