Sometimes, however, if your trading activity is substantial enough, it can rise to the level of "trade or business" which has both positives and negatives.

Learn the trade, and see if it suits you.Just soemthing to think about:Truth: I think we can agree that a professsional athlete makes lots of moneyReality: chances of any of us being a professional athlete is pretty slim...You never really want to put anybody “down” before they’ve tried it (not to mention I’ve never met you, regardless of whether I’m a good job of character or sales potential).

If you want to master these 2, study these 2, wholesaling is simply when you apply these skill to real estate for the purpose of "horse trading".

Even on the SFR the tenants have been renting there for 13 years and have already discussed the option to buy in the future which I am very open to.My W2 job along with watch investing/trading is keeping me from even needing to pull out any of the cash flow which has been great. 

e. vacant land, other than farm land, owned by or rented to an “Insured”Talk to your agent and find out if you policy applies to vacant land and if there are any conditions (.ie no development, no roads, no utilities, not cleared, etc.) that may apply.If the land is covered, you may want to add an umbrella to get some additional coverage.

I got an e-mail from Honeybaked Ham today that they are already hiring for seasonal help.You all oversee a whole lot more tenants than I do! 

If I did end up finding a deal, executing a BRRRR, then moving, my plan would be to hand the property over to a local property management company.If you have any advice or have been in a similar situation I would love to hear your input.

Depending on when this deal last traded, you may see a tax increase when you buy it. 

“There has been several billion dollars invested in the [single-family rental] and build-for-rent segments since COVID-19,” Jeff Cline, executive director and principal of SVN SFRHub Advisors in Phoenix, said in an email to CoStar News.

I think for a manager that keeps it simple and less time 'looking up' information when tenants call or e-mail.