Good schools and great neighborhoods typically means higher purchase price and lower cash flow.

Some folks say that you get the most profitable places you can find and just spend the cash on where you want to go.I do like the idea of having places in various areas to both offset off seasons plus visiting.You have to ask yourself, how often will you do that.

If there are tax benefits, that certainly helps and can add to the wealth building by freeing up more cash for more income-producing stuff.My opinion, of course, but I try to encourage my investors to be wealth-forward rather than tax-forward.

I've got about $400k to loan and if I can prove my model to myself, I have access to another $1m in cash. 

If the market softens at the 5-year mark, we can opt to hold the asset for a longer period of time, allowing the market to rebound.Projected Cash-on-Cash Returns: 6% Per YearNext, consider cash-on-cash returns, otherwise known as cash flow or passive income.

Some of those local competitors will pay all cash, site unseen, with title issues.This is a numbers game, so find the zip codes/neighborhoods with a lot of market activity (i.e., the most dots on a Zillow map search) and delve deeper to see if it's an area of interest.Lastly, when looking up properties, be mindful of taxes.

Maybe he was a builder and cruising along fine, and then has been caught in a cash crunch over the past couple of years and might loose one or two or three.   

That may seem obvious but in my experience, 99% of ongoing maintenance issues are because the property is old and needs either a large cash infusion to make them go away or what I like to do is 1031 exchange into something newer that requires less work. 

Code § 7701 - Definitions, my understanding is that the answer is NO, but maybe I am wrong.As the actual rate of withholding is 15% of the sales price, and as the refund (if any) would be "within 90 days", it can be a major setback for my company´s flipping cash-flow because 15% is way higher than the taxable income (and of course than the tax itself), so we would be in the necessity of capital injections to flip the next properties.If any of you have comments on this, it would be very helpful.Thanks in advance

But, we provide specialized bookkeeping services for REIs all around the U.S.If you don't currently have the funds to hire a professional bookkeeping firm due to being in "start up" mode, I recommend keeping up with your income/expenses using excel or a free software such as Stessa.Once your cash flow grows, hire a professional bookkeeping firm that specializes in serving REIs.