Now as market has improved the seller is willing to break even or take a small loss to get out of it.  

The county planning documents are a great read in terms of finding areas with planned improvements.  

Given the low inventory in our market, readiness is very important.  

In Florida as long as your licensed you can do lease option Assignments all day as a principalIf you act as a fiduciary then what if the tenant buyer doesn't get financing for some reasonI  use a RMLO to check on their ability to repay, costs 1 %I also use our credit improvement company to increase itheir FICO score by creating new trade  and credit references 

Just to clarify, first it depends on if you're flipping or buy and holding:Assuming you're buy and holding, you need to report the property and improvements for the year placed in service.

With the market at 1.4-2.0 months of inventory in the DFW market, its a great time to be investing.  

So to improve this I took the advice of what seems to be plenty of different RE investors on this site.

My current inventory is 304 credits.In any event, there's clearly a ton of growth potential right next door to Seattle, to the north.

Spend most of your spare time reading about your specific interest in real estate as well as personal improvement. 

I'm in Denver, where there is currently a shocking lack of inventory.