About 17K investment and say 150K-106K = 44K profit if we sold today.  2. 

Breakdown:Sale date: 4/4/2018 Under contract (as the Seller): $65,000Closing Cost 7%: $4,500Net income at sale: $60,450 ROI: 31%Annualized ROI: 37%Total Profit: $14,771 The reason this made sense was the ability we had to use multiple strategies.

Hey BP World,NEW TO THIS REAL ESTATE WORLD....BUT we are looking to buy a house and may not be able to get pre-qualified for mortgage due to work history with current Non-Profit (Self-Employment) not being established for over 2 years. 

Networking on BiggerPockets has been a very profitable resource for me personally as well as many others here on the site.

If I exit in the future might just break even or get some profit.2) second deal is single family 3 bedroom at $49000 %15 percent down, same area near the college rented at $700 that brings $8400, tenant lease is month to month.

At that point you either can get a decent cap rate or you likely could flip the property for massive profits.

or should I wait until next year when I’ve actually made profits made to hire an accountant.

My wife just recently got her license and is transitioning to selling real estate full time.

Rents are collected via social security and donations from non profits as these are elderly people, therefore the rent is paid timely- Thoughts?

I found one on the local craigslist that I could afford, and I'm thinking about buying it with the intention of renting it out, and using the profits from that to offset my own living situation (kinda like a duplex house hack but with 2 separate houses), or worse case scenario I could just live there and the lot rent plus utilities would be less than what I'm currently paying, and I could have roommates for extra income.