This is nowhere close to many of these stories, but feels good nonetheless.Purchase: $25k - 12/1/15Repair: $40kHold/Transactions/PML: $14kARV: $110kSale: $111k - 4/18/16Profit: $32k

@Ivan Vargas  any one looking for this information on BP is just plain silly.these are complex transactions and the only one who can guide you through them is a securities attorney in YOUR state.   

Are you looking to use it for non realtor transactions?

I have transactions in escrow and need home inspectors like now, but guess what - they are all busy, as are contractors. 

You are taxed on your transaction so you have a loss $182 - $140.

Is it a double closing (stuck paying 2 sets of closing costs and transactional funding); is it assigning the initial lease option from the seller to the tenant buyer; is it assigning the tenant buyers lease option back to the seller; is it assigning the tenant buyers lease option to another investor; or something else?

Perhaps I need to just flip the houses with the lowest possible transaction costs.

Only 15 minutes from CSU, and have some connections to getting onto the rental list posted in some of the departments for housing vet and grad students.

That being said would it be wise of me for my first deal to do just a small transaction to get my feet wet?

I averaged about one transaction a year.