Obviously this will negatively cash flow but do I have anything to look forward to or is selling on this property something to consider in the future

My career and education has me mostly covered with the financial concepts, I'm hoping PB will help me find people to network with, guide me in how to find "the right" properties, and allow me to help others with my background.If there are any accounting or tax related questions I can help any of you with, please don't hesitate to ask.Looking forward to connecting and interacting with all of you.Sincerely,Scott Baker

Not to be a negative penny, BP also has a flipping book which I am sure is great because @J Scott wrote it.

I haven't looked at them thoroughly, but it looks like a good overview of the basic concepts.

So far :~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Be involved & successfully close at least 4 – 5 transaction per quarter.Reduce my personal debt by at least 34%.Keep removing negative individuals out of my personal space.Keep moving forward with my plans to purchase multi-family properties.Increase my personal net income by at least 21%Spend at least one week in Florida ( Disney )Work on obtaining broker license and CCIM.Spend one or two days volunteering my time.Read and learn from at least five real estate books per quarter.Work on business plan.Enhance my personal physique.

I have found that the larger % rates cannot almost negate 15% of a down payment.

This passes the 50% rule (before renovation) even if i put down 3.5% and owner occupy (which I'm considering)One negative factor is that even though it's listed at 180k, it's tax assessed over $400k (meaning 6k in taxes!).

Concepts, Ideas, etc I didn't know, but David beat Goliath, because he was a slinger and Goliath was working with spear and sword.

Additionally, concepts such as reserves or cash to close can be affected depending on how you are setup.

This concept sounds more like theory than something the average person can apply.