A good place to go to if Columbus is too expensive

All of those are rather strong areas with a lot of pent-up demand for rentals and a strong average household income to make higher-end properties pencil.

@Jaron Walling Hi, i have been working at my families local restaurant since i was a kid. it pretty much doesnt operate smoothly without us being there but it is getting tiring and my parents who have been working these hours much longer than i (they are immigrants from albania hence why i also bust my ***) dont want to continue doing this forever. i also do some FB market flips and have an online store. i just hustle to do whats needed. i have low expenses so this has allowed me to save alot for investments. 

Your taxable gain (based on income) would be $68,500 at averaged (13%) = $8,905I'm not a CPA, but this is a rough understanding of your position - hoping someone destroys this breakdown. 

Hey Pavan, totally can relate with you being from an expensive real estate market - I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.

Pay all expenses through your LLC account/business account.

But in many cases they will just ending up routing you back through a broker which brings you back to the above scenario, so you've really gotta pick and choose well.Keep in mind that if you do find one, there will be things you need to do on your end such as specific signage, obtaining certificate of insurance from any vendors you work with (cleaners, handyman, pool guy), etc.Safely I believe also includes liability as an option in addition to their usual damage protection at an extra cost, though in that case you're paying on a per booking basis rather than a yearly fee, and it's likely going to be quite a bit more expensive. 

Was wondering if there are any good apps or software that makes it easy to track expenses and invoices, payments, etc when flipping a house.

As a general rule of thumb for underwriting deals, you can figure out the average cost per square foot to get work done.

Its completely plausible that your expenses could rise at the same time as rents actually go down!