Be sure to be as active and engaging as possible.

You will report your purchase and improvements when you sell, which will leave you with your gain which is tax exempt for 250K single or 500K married.You don't report anything now because there is no ongoing reason to track the number for tax purposes like there is on a rental where you're actively taking depreciation.

As far as I know, the person actively using the oxygen does not smoke, but I honestly can't say I'm 100% sure.

Forget about building up potential competitors, you're requesting that someone take time out of their day -- maybe their investing activities or personal time -- without a return on that time.

I wanted know from those actively rehabbing in the market if your are seeing it become more difficult to find rehab/renovation deals with the market so hot or are you finding higher profits from bigger ad-on rehabs or pop top type deals vs new builds in the closer in areas of town?

Also, I wanted to become more capable of understanding different RE terminology and concepts so that I know how to ask the right questions and truly understand how a lot of it works, as before I was just reading most of the posts I would get alerted from my keywords alert setting on BP and was not comfortable becoming actively involved in the conversations because I just did not know enough. 

There is a TON of activity in Pierce County (Tacoma area) and lots of deals to be had.  

I am also active duty and enjoy investing everywhere I go. 

I have a buyer in mind that is actively rehabbing homes and recently told me he has 50k in cash and can get loans for the rest on a great deal.

@Trevor EwenThank you for the shout out and kind words.My husband is active duty navy.