Pierce County is my stomping grounds. 

I'm currently in the education phase of REI, and learning and talking to investors about what might work here.At first, I thought that higher house prices would mean higher profits.

This is the research phase and why I'm asking the question.

When this market was recovering early flips were lying on the ground everywhere and margins were so huge that tax was a secondary consideration.  

This isn't my deal but I want to give a shout out to BP member @Corey Jacobs for not only closing his first deal this week but also for skipping the SFR phase entirely and jumping right into a 6 unit property!

My primary focus is buying/selling notes, but I was contacted by a homeowner in the Mansfield, Ohio area who is selling his house on a land contract and doesn't have confidence that his tenant/buyer will be able to buy the house when the contract is up next September.The T/B has been in the house for 3.5 years, but has been late with payments (which are just enough to cover the mortgage) several times over that span and the owner believes he has grounds to cancel the contract.

I want to hit the ground running when I return home.

There are other real estate investments that range in passivity but are all much easier to manage from NNN stand alone projects to ground leases, even raw land in series in the path of progress.  

Oh and just to add, I'm not really looking to do a turnkey, I'm aware that system is much easier to get going for out-of-state, but I haven't found any that have deals that leave much of any returns for the end-investor, the only-way I'd consider a turn key is if they acted more like just a feet on the ground crew and looked over the contractor and property as it was going through the rehab and then eventually rental phase.

My name is Ashby Cappelmann and I'm currently in the education/financial preparation phase of my real estate investment career.