I was planning to bills my own software based on my books, when I first saw houseflippingspreadsheet I decided that it was close enough to what I was going to build that there was no reason to replicate it.It's not exactly what I would have built (like you said the methodology and format is a little different) but it's definitely just as good, if not better than I would have come up with.

You bring up an interesting point about the "entrepreneurial spirit" around REI. 

Multi families have the greater cash flow potential, but can take much longer to liquidate since there are fewer buyers (up to 6 months). 

@Dylan Speer sell it, come up with the negative money balance, write the loss of on your taxes and move on with your life.You can sell it "subject to" to someone looking for a home with no money down and save on Agent commissions?

I use a remediation company and he typically sets up 4 to 6 machines.

Good morning, the following property is up for sale at $250k.  114 S Broadway St, Toledo, IA 52342 | ZillowThe seller has 'described' it as follows:"The property features a new roof and updated electrical work completed two years ago at a cost of $120,000.

We have actually set up a specific relationship with Citizens Property Insurance Corporation to be specifically listed as an approved vendor on their vendor directory.You should be able to find EverSeal on this list: https://www.citizensfla.com/do...

Here are two follow up questions.

If anyone on here is experienced and willing to share information about getting into this game, connect with me to set up an interview so I can ask you questions, and/or collaborate on a deal, as I would love to gain hands-on knowledge and experience as quickly as possible, as well as cultivate trust and relationships that lead to more business and deals in the future.Thank you!

We sat down and talked about the pro's and con's of investing in RE from a tax perspective, and came up with a plan for how to handle taxes.