@Steve Vaughan that's a great success story and it's all well and good but wouldn't you agree that much of the reason that scenario worked out for you was due to timing in addition to hard work?

But only you can answer what your time/effort is worth and the risk of spending the extra money only to get the same appraisal.It sounds like the bigger additional cost are the extras that THIS bank is requiring you to pay upfront.

I’ll add it to my study topics.

Go walking on the weekends(in summer people are out doing yard work) in your target neighborhoods and talk to people..let them know what you do, ask them if they have any property to sell or if they know anybody who is looking to unload some properties.

Once they get 1% of landlords revenue I could see it going up to 2% ,3% in the next years .On the related note San Francisco is also proposing an additional tax on businesses for the homeless . https://www.cnbc.com/2018/07/17/san-francisco-to-consider-tax-on-companies-to-help-homeless.html——OAKLAND — As the Bay Area struggles with an alarming homelessness crisis, voters may soon decide whether to force Oakland’s biggest landlords to pay up to help house the city’s most vulnerable residents.Oakland Councilwoman Rebecca Kaplan wants to impose an extra 1 percent annual tax on rental revenue that exceeds $200,000, and use that money to fund homeless shelters, help homeless residents secure permanent housing and clean up the sprawling encampments that line many of the city’s sidewalks.The city needs more money to tackle the problem, and collecting it from Oakland’s biggest-earning landlords makes sense, Kaplan said.

In addition, It did not take longer for me to start feeling the pressure of the sell pitch.

Cheap market, but the fees/additional soft expenses drive me crazy, and you always see them at the VERY END!

In addition to Driving for Dollars, you can increase your mailing for money by working with a list broker to do more Mailing for Money.A lot of people have had a lot of luck mailing to Absentee Owners.

What are some ways of generating income in addition to renting out the residence in a house like this?

.), for which you should consult a knowledgeable CPA, but those revolve around shifting areas of taxation and deriving additional benefits.You'll want to do your flipping in an LLC (and if you plan on doing multiples, you should look into Series-LLC) for liability purposes (,  so that if a buyer of one of your flips comes back years after the sale with a lawsuit, you are protected).One way or another, the money gained from flipping is active income and you'll have to pay taxes for it.