Hello to Everyone,              I am in the Northeast and would like to hopefully buy a rental property anywhere profitable under 90,000.

Bottom line is that any consideration you receive for the property you sell represents gain and you'll recognize tax on the profit. 

Taking into account taxes, insurance, vacancy, maintenance the profit is $316.

There are a lot of investors in Cedar Rapids that are pursuing this route and doing well. 

However, we were never able to fully pursue real estate the way we planned after our marriage in 2001, because as the years passed from 2000 or 2001 to 2012 we always let other things get in the way (Deadheads), and that was our fault.

Try looking at:What to Ask When Working With a Turnkey ProviderandThe Best Types of Markets for Profitable Turnkey Properties

@Shar RiveraHere is another resource for you on syndicationsApartment Syndications And How To Tap Into Huge Passive Income Profits

Because I do not show large profits in my business and cannot get a traditional loan under 5%

@Carroll Lee Shane is suggesting that you split the profits - 70% to you and 30% to them.

It comes down to where you reside on the risk reward continuum.I’ve worked hard to get where I’m at so limiting risk and liability is just as important as increasing profit.