Investors should be in communication with their tax pro all during the year.

And you have to be very careful about fair housing laws and credit checks as well.

I am currently working with a few investors who are fairly new.

-I am able to wait longer to find a better deal with a discount from market value but I find that these more finished homes often sell at close to fair market value(This one will probably comp at about 120k based on my estimates).

Thanks for looking, like I said This is not my nitch and I don't want to give bad advise to a friend. love to find her a Lo but maybe a 2 yr rent is not a bad idea either, with that fairly fresh BK she needs time to cook anyway???

I'm fairly new having only 1 deal under my belt.

Curt Davis is fairly active on this site and is in the Memphis Area.

Jon,Thanks for the reply.Fortunately both meeting are fairly close to me, I'm not too far from the Tech Center.

I'm not sure how big of a kitchen it is or how much cabinet space there is, but you can get cabinets fairly cheap and have them installed.

I am being VERY CAREFUL about advertising it since we all must be careful regarding fair lending laws (I won't even go into the Safe Act here).