Looks like it will not generate positive cash flow (33k - 12k = 21k from my pocket) but it could be "good deal" for selling price.

So I've decided to work with realtors in getting expired listings and send out yellow letters and contacting all the wholesalers I know and asking for the leads they throw out.

I think it will really market well to the next generation.

Why give you money which doesn't generate return that I can leave sit generating a return while you hunt for an investment?

If the IRS at some point figures out some entity is generating taxable income, perhaps from the documents title companies have to file, and decides you should have been filing returns and paying taxes, then you will be subject to taxes and penalties.You are correct that "active" isn't 100% cut and dried.

I could sense early on that he was leading up to lowering the boom on how much the program costs so I pressed him on it so I could waste as little time as possible.

The article states to call back all leads within 5 minutes.

I'm currently looking to buy property in northern Montgomery County or Frederick County in MD, but would be open to any opportunities to that can generate some stable income.

I've got this one lead, this man is selling his rental because he wants to finance it but can't.

I'd like to perfect being a "transaction engineer" to learn how to generate cash and be able to make REI into a business that I can live off of.