Home prices increased in the same period nationwide by over 13%.Taxes are based on the state, county and property value so what do you think happens to taxes when property values go up?

I will use a property manager for out-of-state properties3.

I'm a few days from closing and when the title company sent out the settlement sheet with the security deposits and prorated rents as a credit to me from the seller my bank went crazy.First they said I need an addendum stating that the seller is crediting me.Then they said I need an addendum nulling that addendum because the seller can't give me that as a credit.

I live in Virginia where I reached out to a home owner who lives in another state who has a house that has been unoccupied for over a year.

I still like one note one investor if able.However as I stated if you can Get to Jeff he will be a wealth of info on this subject.

@Thomas Rutkowski, Section 453 of the Internal Revenue Code has been around for years, as you state, but the case that specifically supports the Monetized Installment Sale is a relatively recent case. 

I'm very cautious against states with unfriendly landlord laws.

Also, I recommend that when you post in the future let us know what city and state you are looking to invest in.

If anyone thinks they have the expertise to target pre-foreclosures in the face of federal laws, attorneys being in the mix dealing on either side of these matters, Realtors being aware of the legal environment, banks delaying procedures in anticipation of sales or solutions, bank employees reviewing contracts and pending steps, what a seller may do in expectation of a sale and other issues.......well, you just have at it.  

Could be 5-10% if this were regular residential RE (they would need to be licensed in most States).