If on average, selling a property costs about 8% So then we would have:200k-8% = 184k - 80 (mortgage) = 104kBut, let’s say the property was a long term holding so capital gains taxes due on it are 15% (assuming no state taxes in Florida  So our capital gain was 100k and 15% is 15k due in taxes!

Investment Info:Single-family residence buy & hold investment.

North Linden, South of Main, Vassor Village, Woodland Park, MT Vernon, Milo-Grogan, Franklinton, Merrion Village, Hungarian Village, Southern Orchards, Driving Park, Olde Towne East, Franklin Park, King Lincoln, Old Oaks, Livingston Park are all but not limited to some areas in Columbus, Ohio I think will gentrify quickly and make for great long term buy and holds.

Read as many RE books as you can get your hands on.

Hold your broker accountable.  

I am a 50% member in a Parent LLC that owns other LLCs, used for specific purposes such as other businesses or real estate holdings.

Investment Info:Large multi-family (5+ units) buy & hold investment.

I'm trying to get my hands on a purchase and sale agreement for California as well.

Other factors to consider - how long are you anticipating to hold onto the property?

I am a buy-and-hold investor primarily.