It's a win-win for anyone with flexibility in there life.

If I acquire the second property with full cash, that's at least an instant equity which I may be able to tap into for 3rd, 4th,..assuming properties rise in value over time. 

Hi Evan- I have a lot similar feelings, as I'm a younger investor as well.I'll say this- We live in a world now of instant gratification.

And when they do send over a deal, you have an answer by day's end.I wouldn't call it a tactic, I would call it a process, repeatable and consistent.Gino for the win once again!

If they aren't able to reduce your taxes then they don't get paid.I assume they are selective about which appeals they will take on since there is no benefit to them or the homeowner to not be able to win an appeal, but I have no knowledge of their internal business logic. 

You win in real estate by never being forced to buy/sell or by taking the loss that can break you.

If it's going to tax foreclosure, and you win, you can wait 120 days for the IRS to come after you to collect...they usually don't unless it's a very juicy property. 

After well over 1000 houses it’s proved it’s worth.BUT if you think sugar coating will work sprinkle sugar all over the conversation. certainly nicey nice communication and unabashed laughter will get you elected but it won’t buy many houses. our product is money and we best not forget that. there’s a power exchange happening in every conversation and the one who blinks first fails unless winning isn’t important.  

You make a solid point - quality over quantity can definitely be a winning strategy, especially if those Midwest properties are in areas that don’t have strong long-term potential.

After the appraisal, I had instant equity of 25K.