@Chris Seveney I meant more to buy notes from them.

The Tax Cuts and Jobs Act included a new federal incentive—Opportunity Zones—meant to spur investment in undercapitalized communities.

You are absolutely right you make money on both ends but the quote in itself is meant to talk about buying when you know it's a good deal that will make you money in the longer term when you sell or cash flow.

If you can master being a landlord in upstate NY you'll be well prepared for the next market you elect to invest. 

Hamilton meant, it is an old single family divide into 3 units, god knows what the lay out looks like.I would skip it on that price, more than  100K a unit is too much.

I dont need to raise capital is mu own capital gains You set up an LLC with a C corp election and place the investment in that LLC. 

The S Corp is a just an election request document you sent to the IRS to have them tax your LLC like a corporation.

I meant effect not affect

@Karen Salem I meant to say lots of old dated homes here

This was a situational buy that was never meant to actually create an income.