Could anything be passed down to family members without tax impact?

Yes, it's more tenants to deal with, but if a tenant vacates when you have 3 properties, it doesn't impact your finances as drastically.Anyway, hope this helps!

You may have the exact same house 4 blocks away from one you are analyzing, and they have no impact at all on eachother. 

Note: I understand there are various factors that could impact one's decision (growth goals, condition of property, cash flow, etc.).

Again, as Wayne says, that last part may impact what you offer if you know there are junior lienholders and that someone else is gonna want a piece of the proceeds.One final thing when making an offer...Lenders don't accept or reject a purchase offer.

Does the fact that it was recently a rental impact the capital gains exemption for homeowners of up to $250k ($500k if married)?

There are other concerns, such as whether to do an interim rent increase or if it'll be detrimental to keep tenants in a place that needs updates. 

We have started some new activities to get more access to pocket listings or direct to owner deals for our clients, but as always, it takes time to build up the lead funnel.A couple of caveats when checking in to the BRRRR strategy.Understand that the more distress you take on, the more likely that your budget will get blown apartUnderstand the impact of leverage on the cash flow.

He also doesn't try to meet every single person in the room.The most impactful networking lesson I've learned so far:At my first Real Estate Guys Secrets of Successful Syndication Event, Russ gave the crowd a hugely important lesson about real estate investing.

I had a phenomenal time learning the city, and as disheartening as it is to see what the recession did to this thriving historical city, I'm also very optimistic about the social impact that developers will be able to create in the city.If you've had Detroit experience, been curious, or have been warned against Detroit, I'd love to hear your feedback.