Then once we decided to get into real estate more seriously we got the HELOC and used that as downpayment for the next flat.We wanted to use it to get a 3rd one but the bank said no, so I will let my two flats collect some more equity while i gain more experience and I will try the bank later once I have a longer history with them and they trust me more.In the mean time Im now learning about fundraising and moving to Dubai will mean I get to get more leverage there in some time.

Every phone call is going to be a different situation and you will gain something different by each one of those conversations.

But with a month till poverty or giving up my savings, this condo feels like dead weight. 

But with a month till poverty or giving up my savings, this condo feels like dead weight. 

I may decide to sell 2 or 3 of them a year, generally profiting less than $1,000 on each, after holding each property for at least one year.Two questions: In your opinion, would I be subject to self employment taxes on the profits from the sale of these properties (considered a real estate dealer), or long-term capital gains (investor)?

Things have been going pretty well so far, and we are trying to diversify and gain new clients.

Does anyone know if it's possible to pay all cash to take their name off of the deed, thereby avoiding closing costs, refinancing, capital gains, etc?

. - it's long.. 1,500 words ^^)Bottom line - find ways to deliver value to others, no matter what the field, and you'll gain access and opportunities.

I look forward to gaining some valuable insight as I begin my journey! 

I look forward to gaining as much knowledge as I can from here.