Also, the property must be a home for the owner, it can't be a commercial building or be used on a business.

Your local housing commission may sponsor owner seminars to get you spun up on the rules.Unfortunately, it's the dirtbag S8 tenants who give the entire program a bad rap.

If that is the case, and you lived in that property two of the last five years calling it a owner-occupied property, than the capital gains will not hit you on anything up to $500,000 ($250,000 if single/not married).

So you should cast a slightly wider net when looking at employment opportunities around a given property as your rental demand may actually be coming from slightly further afield depending on the specific geography of your market.When it comes to flipping, you're probably looking to sell to an owner-occupant rather than another investor, which means certain things become even more important.

The owner contacted me because he had no insurance on the home and he is living in an rv on the property.

Hello BP,I was just informed my closing will be delayed because the previous owner has not paid taxes on the property for the past three years.

Got home and did my research and found the tax assessor has the owners mailing address different than the prospect address, but only about a mile away. 

I get a minimum $250 pet fee when I accept a tenant with pets.

Then once you get the address then check the name of the new owner.

The original owner had it listed online (local legit wholesaler) so I replied all with a copy of the guys asking price and asked what value she added to earn 15k?