This is after maxing out sec. 179 and bonus depreciation.New equipment 8.25% sales tax, 1% heavy use tax. 2% excessive diesel use tax.My equipment fleet worth 2.5mm taxed at 3% year.Heavy use tax on each truck $4,000.00Property taxes 3% and on and onI constantly read this forum and many others to learn as I only have a 10th grade education.

The area is very walkable with plenty of access to public transportation as well.

This is because the county public admins had passed up working these files, for whatever reason.

Many of those deal aren't deals, they are divorce settlements, transfers to family or trusts may be investors putting stuff in an llc.Sounds too like your Realtor just put you on the public side of the mls, solds are there but limited to mls members, a Realtor giving out access to the public would be in for it, doubt you'll have that much of a favor unless you marry them.Try courthouse records, multiple mortgagors are buyers with financing, grantees with no deed of trust are cash buyers.

Depending if they converted ir not it could be oil or gas heat and shouldn't cost you anything and should be public water.

I still plan to educate myself for another 6 months until I am confident enough about my analysis.I am also looking into getting a 4-5 unit apartment building, which I think would be a better investment.Thank you both for your input.

I commend you for taking the time to get educated though, you will thank yourself for that.

The only way to really take risk on these buildings is to assume you have a solid set of bones or go by outside condition and figure everything inside needs to be replaced. running numbers on anything but this would be pure un educated gambling.

Stay focused, continue your education always, and keep plugging away.For rehab flips, don't look at conventional bank loans.

Setting and working toward your goals is awesome, keep up the great work and keep educating yourself.