(My company has it’s general liability insurance, of course.)So, this is a temporary arrangement, at least for now.He will charge a fee to pull permits and to do periodic inspections to make sure my subcontractors are doing quality work but I will be project managing the entire job and handling all components of the renovation from design, floor plans, estimating, purchasing, hiring and overseeing the subcontractors, etc.The general contractor and I are regrouping next week to discuss what he would like to charge and I just want to get some feedback from you experts before we meet.

However, if it's the intent of the agent to purchase for their own portfolio it may be a violation of law.

Purchase price: $200,000 Cash invested: $15,000 Sale price: $260,000 Purchased a cosmetic flip, invested about 8k in repairs, and a couple thousand for using a HML, listed on market and received multiple offers all above asking price.

I would probably focus on a single STR (if that was the route you went) and find something of slightly higher value for a larger proportion of accelerated depreciation. 

At the same time, educate yourself on how to locate and purchase investment property.

Purchase price: $222,000 Cash invested: $13,000 I Purchased and rehabbed this property in 2013 using a FHA 203K Construction loan.

Not gonna turn this forum into political views lol Back on the topic for the original question@Eddie Torres I agree with the others, some communication to the seller about how you're not a large firm buying up the property to bull doze and put a Walmart in is well within the safe to disclose content.You being a family man and purchasing this property for you family's financial well-being is to me noble.

We work with a lot of folks from Cali, Oregon and Washington who purchase over here in Arizona.

Purchase price: $110,000 Cash invested: $1,369Acquired this deal from another agent, off-market.

There has been some confusion on this point, and emails to me with questions.If you have an Alabama tax lien you purchased through Govease.com (or you bought it from somebody who bought it through GovEase.com) you are NOT entitled possession.