Looking to continue lurking, absorbing information and asking questions.

sounds like a problem any wholesaler would love to have - no competition and a bunch of cash buyers. if that's how you got it, I would highly recommend getting with a RE attorney to write up some assignment contracts and go out and knock on doors and send out mailers to find sellers.

When I was doing re-habs I'd always have a fsbo sign out front with "will co-operate with agent".

Then it took me another two weeks to clean and fix and get the place re-rented.

The future appreciation of RE is not a given or a guarntee.

But it's long and drawn out because the probate referee is asked to do a re-appraisal based on condition, current market conditions, etc.

Speaking to an experienced RE attorney can also be helpful.

Congrats on an excellent build.....4 months You must have great subs :) Based on sale price that home would pull at least $28k in property taxes around here & we get constant tax objections by RE agents etc when planning a high end new build for resale.What product did you use for the flooring?

I've dwelled on the idea of just going self-employed in a small window tinting business but am worried that would make it difficult when it comes time to sell my house and re-invest in some bigger property especially since I won't have at least 2 years of tax documents for the business.

By taking title, the lien then becomes a problem and has to be paid upon re-sale.If the son is not yet in the chain of title and the lien doesn't actually specify the property, there are options.