You can either acquire the property, after the redemption period or gain your investment back plus 25% interest. 

Our state lobbyist out of Olympia spoke for a full hour on the socialistic bills and ideas coming out of the city council in Seattle in the Capitol.They are contemplating or have already enacted rules regarding no rent raises when service calls are unresolved, must show cause to terminate a m-m agreement, rent control, 5% capital gains taxes on RE sales (in addition to the 1.7% excise tax), pre-'78 lead inspections, periodic unit inspections, etc.  

How do I gain access as an Investor to the MLS so that I may pull comps in Texas since we're Non-disclosure?

I just found this website and its packed full of insight and I'm sure I'm just scratching its potential.

In that case, if the seller gets 100% cash, then he/she reports capital gain on the sale.  

(Typical realistic expectation)To qualify your response, let us know how many wholesale deals you have done in the two years.For further insight, you can give a selling price range as well as your typical expectation for that same $25000 acquisition.I have no idea if a wholesaler expects to make $1000 on a typical deal, or $20,000... or whatever the market will bear. 

Good insight J!  

I am new this and I don't know how to go about picking the right market to begin my search.I just ordered some books to read before I actually invest--but anyone who has insight in how to research markets or invests nearby and has input on where I should be looking would  be greatly appreciated!  

Do they gain somehow from me doing this?  

Can anyone provide some insight on commercial property and depreciation?