HOWEVER, I do personally make over $100k/yr cash flow from 16 properties here.

Will there be money left over?

To win, think about spending money on good resources, reading books by top investors, and finding a mentor.

But If you looking for a long term SFR rental (3/2/2) you will have to spend anywhere from +$350K to find a move in ready rental in Plano.

Capital gains is the increase over your basis (in essence, what you paid for the investment [basis] and how much you profited upon sale).The money you pay toward you bills, has usually already been taxed somewhere along the line.ALWAYS check with you tax pro.

@Marcel Johnson @Rick AlbertOn Tuesday May 14th we're hosting a meetup in LA which will feature a guest speaker, CPA Edward Markaryan, who will be going over Tax Strategies for Short Term Rental owners.  

I like to turn over every stone because I know many in our field want the quick transaction.

Water/Sewer Rates -- Revere is over 70% higher than Saugus for example. 2.

It also still ultimately doesn't change the fact that the list price is only higher because the commission is included in it and the buyer is realistically paying for it (over 30 years) anyhow although it reflects on the sellers side of the CD.

Paying $100 per permit (probably closer to what I've paid, on average) has saved me $200K over the "standard fee."