Reliable vehicles can be purchased for much cheaper and won't have a payment attached - while it drops in value - like a rock.I've had over 30 doors for a decade and haven't had a car/truck payment that entire time.  

If you can take a Saturday and visit properties on the area you're interested in and see what the interior finishes are like before overspending to compete with current product on the market. 5) Baltimore can be a good area to build a portfolio, make sure you understand the market within the different neighborhoods, How to use them to obtain your financial goals, and establish relationships within the industry, It'll make investing much easier and cheaper whether you're only doing one property or starting your portfolio.Hope this helps, Let me know if you have any other questions.

Now joe from craigslist is not insured, does not plan to report that income, so therefore is cheaper than me.

Cash flow can just be your OWN money coming back to you in low monthly taxable increments.3. 

She would likely be subject to capital gain tax on 50% of the profit, unless she purchased with the intent of selling for a future profit then it would taxable as income.

Just cause the properties "seem cheaper" doesn't mean its a good investment.

You could purchase homes that are cheaper with a higher return but will also come with a little higher risk. 

The cheaper properties are only 2bed 1bath and the most expensive are 6bed 2bath.

----Some profit may but if you agree in advance to no change orders and his bids are in line or cheaper than other contractors you should be ok with him making a little money.  

If you pull $500,000 out at the sale, it would be applied first toward your taxable gain.