Matthew ReidTo answer your question: I may be wrong, I'm new to the business as well, but I believe my Realtor has said she is unable to do certain transactions because then it looks like your working the system to get you more money.

So, that will almost certainly put you in a passive loss situation.Now, to tell you the effect, you need to look at your AGI.

Failure to do so, such as right now in this transaction, is on the Seller not the Buyer so you should not have any EMD risk.

Just get a payment processor that can run card not present transactions and get their card number?

I called a friend of mine who has access to the MLS and he said there's been a lot of transactions with the property over the last year.

What kind of marketing is most effective?

My question is how do I put this to work most effectively?

I too have been educating myself for the past few weeks and am putting together a short yet effective plan.

But unfortunately that is theoretical, and you also have to factor in transaction costs of selling and buying something else, tax implications (1031?)

Maybe you aught to change that policy effective immediately.Kudos,Mary