Dallas places in my neighborhood sell like hot cakes if under $100k.

I may decide to sell 2 or 3 of them a year, generally profiting less than $1,000 on each, after holding each property for at least one year.Two questions: In your opinion, would I be subject to self employment taxes on the profits from the sale of these properties (considered a real estate dealer), or long-term capital gains (investor)?

Also it states "Funding is subject to a clear and unencumbered title report and lender’s appraisal of property and condition thereof".

See if the red hot market cools off a bit in the next year and then decide whether I should buy more.

C items unless I'm buying the property subject to the existing mortgage.  

You can also set keyword alerts pertaining to whatever subject that you are interested in, which you would receive a email notifications when some starts a discussion using your keywords. 

I do come across rehab deals fairly often (and have a hot fix & flip now!)

DFW markets are extremely hot right now.

@Russell Brazil we only have 4 rentals in DC, the other is in VA so we're not subject to the rent control laws (yet).

You need to have a list of comps for cash sales of similar properties near the subject property.