The tax is meant to level the playing field so we do not have tax exempt entities driving taxpaying businesses right out of business.A flip is a transaction where the real property is purchased with the intent of being resold.  

Also, you can make a stronger offer if you are using cash.In my area, and given the units that I have been considering, this would result in about $100/m additional cash flow after debt service, and assuming 8% vacancy, conservative estimates for taxes and maintenance.

Check with your local PHA as to rent levels for the area. :)

For what it's worth, my home appraisal increased $10,000 as a result of a $6,500 plumbing "upgrade".For anyone who has ever had a well/septic setup, they'll be quick to point out just how much of a PITA they are to maintain and keep operational at "optimal levels".

Level 2 River White Granite and Venetian Gold Granite are two other options I'm looking at...The home is a rental property which I'll either move back into or sell in 2-5 years.This is the wall and floor colorThis is the kitchen with the old cabinets..Cabinet uppers and lowers are going in painted white.You can see where he island will go

I came across a website that does a lot of things, but among them is get seller info from their lead page to make offers to buy your home....one of their services is selling their leads, exclusive to guys like me...

I did a little bit more research and decided to tell tenants the following:"Unfortunately we are unable to hold mail for you at our office according to Postal Service regulations since the mail was not addresses to us, and due to tenant privacy we do not permit former tenants to approach new tenants.

I know we all have different areas of focus and different levels of experience in the industry, but would like to gain some insight for myself and for others.

It's what's left over to service the debt after operating expenses have been paid.Another tip, sellers are generally more willing to finance when the property is in poor condition. 

@Michelle Suiter I'm from Miami however myself and my agent service both Miami dade and Broward county