As I see it, it is.

Should I wait or should I do it now and not try to time the market?

Hey Geoffrey,Where do you live?

It sounds like you’re off to a great start with your first fix and flip, and Santa Fe is an exciting market for real estate.

If you take a look at it with a glance ya it’s not an easy thing, but it is still possible.

I’m just curious, what was your biggest wholesaling fee, and how much were the taxes on it?

If the renter leaves, do I have any way of recouping the lost rent due to this issue since it's a month to month setup?

Some reassess taxes when a property is sold, others do it yearly or every couple of years, regardless of sales.You can ask the county assessor how they handle reassessments and whether it’s tied to sales or a regular schedule.

If you are trying to do FHA, it's very, very hard.

Also I am 23 years of age, I deem it necessary that you should know this before hand as I don’t have time to waste.