Best wishes

Best wishes to you. 

I don't have a job yet and I'm about to start 10th grade, but I'm hoping to get experience in this market as soon as I can and to create my network model.

Hey Dane, your depreciable basis in the property is the lower of your cost, including improvements, and fair market value on the date of conversion to rental use.

During this process, we discovered that there is an industry that resells positions in syndications on the secondary market.

There is 820k left on the loan at 2.25%, it has been sitting on the market for about 100 days, and they are asking just over 1.15 mil.

., I'm in a market with older houses and I don't think the age of the house has much to do with the maintenance cost.

Some areas will not cash flow simply because of how the market is.

If the market changes or costs go up, etc., your flexibility is limited and interest keeps ticking. 

There are good wholesalers in PA, I agree with that, but overall, in any market, 99 percent of the wholesalers are bloodsuckers who don't care about the sellers, don't know rehab costs, and overinflate ARV on purpose.