A lead doesn't always equal a GOOD one.

So, in order to defer all of your taxes you must trade equal or up in value based upon your Net Sale Price and you must reinvest all of your cash (equity). 

Very low price generally equals less desirable neighborhood, beat up property, lower rents, etc.  

That will equal your depreciation amount. 

I did my classes online b/c it was cheap, but all else equal I would have preferred a classroom setting.    

That could lower your tax bill by a full $3,000.However, a tax deduction (like property taxes paid for a rental) only lowers your taxable income and thus it's value is only equal to the percentage of whatever marginal tax bracket you're in. 

Well not really because if the bank requires your net worth to be equal to the loan amount than you could only borrow $120,000. 

I'm confident that some of what I'm looking at are good deals that would work out, but I need to be equally as confident in my plan to make it work before moving forward. 

As far as a pay structure, I'd construct it to be based upon the amount of work performed (10 comps equals five bucks, etc) and a fixed fee for number of qualified appointments set.Does anyone have experience utilizing a similar process?

Howdy.I believe your referring to monthly rents equaling 2% of the purchase price.