Purchase price: $150,000 Cash invested: $150,000 Sale price: $187,500 Flipped approximately 550 homes over this time period with an average spread of approximately 25% What made you interested in investing in this type of deal?

It seems like a great opportunity, but as someone based in DC, I don’t know much about Salisbury.I see that it's fairly close to a hospital, which could be good for medium-term rentals (MTR), and it's also near a university, which might attract long-term renters.For those with experience in this market, I’d appreciate your thoughts!

From a business stand point there may be some tax benefits to this?

This will be my 3rd BPCON!

Feel free to comment on this form or DM me if that's more comfortable for you.

@Delmar Marsh JrAs you begin your investing career I would suggest using this website to get a general idea of the area you are looking to invest in. https://www.areavibes.com/Its a great starting point and gives you a whole list of data that you can look through. 

I do however to some extent want to double check my gut, and this is super helpful to make sure I am not paranoid.Thank you!

This year, I’m looking to really get the ball rolling with a lot more volume.

Thanks in advance for your help!

I reviewed this with my cpa on an asset and was told basically when we do sell it and say we took $100k depreciation we would pay taxes on that money we took as depreciation.