Finding the deal, working with the contractors on the renovation process, reselling the property on the open market with the brokerage, paying taxes on your newly found fortune - all of this sounds like a pain in the rear to have to deal with over and over again. 

@Romeo SisonYou are very fortunate to live in one of the few states that does not require a resident state income tax.

This was very fortunate because of the other information he told me.

Fortunately, my partner is really good at "tracking people down" and navigating the legal side of things.

But I have been pulling the following:1) Fortune 500 Companies within the Metro Area (I'd love a better metric for determining job markets if you have one!)

I have been a member of Fortune Builders for a couple of years, but have yet to make an investment for a variety of reasons.

Investment Info:

Single-family residence buy & hold investment in Jackson.

Purchase price: $180,000

Cash invested: $6,000

Sale price: $260,000

2 beds
1.5 baths
915 sq ft

What made yo...

I am fortunate to be working with a great team and agent that in all honesty has held my hand though this.

Fortunately I found my way to EXP and process has been night and day difference.  24/7 help, 30+ live training sessions per day,  access to top producing agent willing to share their secrets. 

So I used the replacement cost as my "max purchase price," and fortunately we won the auction near that price.