Buy or inherit and hold for a long time, then cash out and redeploy equity into potentially higher cash flowing properties or other investments.2.

Make sure to network with nearby investors here https://www.biggerpockets.com/meet, it would help in finding potential partners and mentors

Just make sure they specialize in tax and have significant experience dealing with real estate investors.Here is a great list of questions to ask a potential accountant: http://www.biggerpockets.com/forums/51/topics/70447-questions-to-ask-a-cpaAlso check out the www.NAEA.org page in your search.

Sounds like you have a potentially good thing going if you rework the financials.

When I'm underwriting potential apartment deals, one of the first things I look for is high expenses/ poor management.

We have a lead on our potential first deal but it seems a bit conplicated.

In such a hot market, there lies great potential for wholesaling that many don't even think is possible.

To me it would be a red flag of other potential problems.

I've been approached by several potential clients, but have been unsuccessful finding a lender who does it.

The flipping is definitely getting a bit tighter in the "Seattle" neighborhood, but there is still some potential both North and South.