Happy to share my experiences.

My only concern is I will have just as hard of a time selling it. 

You also correctly noted the carryover losses from previous years, which can be used to offset current year profits.Based on your figures, your net income on Schedule E would indeed be $2,000 ($2,000 profit - $0 carryover loss for one property, and -$4,000 loss + $2,000 carryover loss for the other).Your concern about not being able to claim losses due to higher income (> $150,000) likely relates to the passive activity loss rules.

Thanks for sharing.

Do they have an inspection report available they can share with you?

Always happy to share resources and hop on a call to share my journey in real estate. 

If you're open to sharing, I'd love to know what your Year One cash flow and cash-on-cash return are projected to be.Thanks!

It sounds like you learned a TON and still made money.On the topic of financials, would you mind sharing what your (annualized) cash-on-cash return was from this deal?

Also, if you are relying on the information someone shared with you to arrive at the conclusion presented in your first forum that’s a red flag.

If you're open to sharing, I'd love to know what the cash-on-cash return on your $60K is projected to be for Year One.Thanks!