I suggest making an objective market analysis, including visiting competing homes, before deciding...

Kurt,I had recently tried a few CRM's (Zoho, RealtyJuggler, etc.) and have found that a self-installed SugarCRM seems to be a good (Free) start.

In Colorado, no negotiation is to be conducted by any branch of the government or by any representative of any branch of the government unless you are challenging the assessed amount of the property.

He self manages, so not running around to show and screen allows him the time to handle maintenance tasks and deal with other issues that surround his business.

Travis WestCIEC (Certified Indoor Environmental Consultant; American Council for Accredited Certification)MAC0326 (Licensed Mold Assessment Consultant; Texas Department of State Health Services)

Essentially I'm self-employed and work from home, been doing it for a long time, am sick of it and want to shut it down.

I only make $85 per month positive cash flow, one good thing is that my HOA fees on that property are not that high and I have not been hit with any assessments.

Forgot to mention - I would pay cash for the property and I have factored in 10% annual maintenance/repair, 5% self managing cost; $1393.00/year property taxes, insurance, utilities, and 10% vacancy/bad debt/collections into my spreadsheet.

I have a pretty long family history in real estate investing but am very self driven and am trying to get started on my own, I am taking some family advice but also trying to learn things as I go.I have not started any marketing campaigns yet but I did get my first contract signed yesterday, so excited.

Will uncle sam see the assessed value posed by a county and tax you on the equity gained considering you we're gifted a property?