A rehab and sale can take well in excess of 4 to 6 months.Lastly, lawyers and professional organizations can be expensive and eat well into your capital.

I like the community because all members are very serious and most of the members are very professional in real estate field.I am always trying to serve much better to the society and their satisfaction and appreciation is my first goal and or the first preference.Thanking to you all to get a chance to introduce myself.Sam

You can't claim these losses if you make over $150k and you're not a "real estate" professional.

I'm a professional poker player but I file as a professional gambler for tax purposes - more write-offs.

Coming from out of town (I've never been anywhere near Indiana before) there is only so much you can learn about a market and ultimately you need to find local professionals and investors that you trust.

Only the advice you get from licensed professionals who know your specific needs and circumstances will be meaningful to you.

I've been in professional training for over 17 years so I would love to work with ANY guru RE education group to do a real academic, statistical analysis on their materials and how to measure success.

You need an attorney who specializes in Professional Tenants as it sounds like you have an aspiring duo on your hands.

I will most definitely get a professional to look at it before closing if I move forward.

My plan consists of B+ to A- rentals with professionals as tenants.