I was offered a job but they want me to purchase equipment needed for job with a check

I know that's on the low end, but it covers everything and we've never had a vacancy because identical condos in our complex rent for $1,250 - $1,400.

My husband and I are exploring almost an identical situation.

For example, and not by way of limitation, Brokers and salespersons have no special training, knowledge or experience with regard to discovering and/or evaluating physical defects, including structural defects, roof, basement, mechanical equipment, such as heating, air conditioning and electrical systems, sewage, plumbing, exterior drainage, termite, and other types of insect infestation or damage caused by such infestation.

Read it front to back twice and take notes.Analyze 100 deals (on and off the MLS); you have an opportunity right now to gain hands on experience on the analysis side and that will equip you in creating awareness of what a deal is, what it looks like, smells like and what is not a deal.Join and start attending the local REIN groupStart driving around and determine your farm area (area you want to invest in); write down the address of all distressed properties and mail the owners of those properties asking to buy their houseConnect with 10 people at REIN who have done a deal or are doing a dealDon't let the lack of cash keep you from obtaining your goals.  

The unit they reside in is identical to the one directly above it.

Third, when I spend money on something business related (like almost all of my meals, travel, home office equipment, etc) I get roughly a 45-50% discount on the cost of the item due to the tax savings from expensing the item.

If the normal gross return in the area is 0.5%/m, then it IS a great deal (which would mean that the identical home next door sells for $219,000!)

Try it, you won't make a lot but you won't loose a lot.And do more planning.. a flip, assuming you need to put one month of construction time into it will take 5 months from cash in to cash out.April 1- Agreement of sale and your down payment (2 months to Title search, get loan/ money, insuance locked down, organize contractors, get permits, make plans, get equipment, turn on/off utilities)June 1 SettlementJune 2 start work, June 30 finish work (let's assume it is on schedule)July 1 listed on MLSJuly 2 receive agreement of sale (this will not happen do soon, but for this example, sure)August 31st - settlement.You don't want to be worrying about something so far away for so long.

I bought the tax deed on the commercial property I got the deed last week. the building has been abandoned for over 6 years but there still equipment in there.