@Chase PattersonI used AceableAgent to pass my TX state and national exams.It has a bunch of videos and test questions that pop up during all of the subjects.

Now, I found a hell of a deal in a hot market, and its just about closing time.

I was listening to the BP real estate podcast last week (I think) and one of the sponsors was a company that helps you buy short term rentals in hot markets like Destin, FL (that's the one my wife is interested in). 

@Manutea Maurin As you have already found, the market in Dallas (and almost everywhere) is white hot right now.

It is like any law or federal order, it is always subject to enforcement.

Hi Everyone,I purchased my first rental property at 23 years old (2018) in New Hampshire with the strategy of house hacking (3 units, 3 bedrooms each).I cash flow fairly nicely, as I also rent out the 2 spare bedrooms in my apartment.I’m actively searching for my next rental property but want to buy it with the banks money, as sourcing 20-25% down is not quite in the cards for me during this hot RE market.Does anyone have experience doing a HELOC?

Homes that old are subject to all sorts of issues ranging from knob & tube / fuses to shrunken cedar posts supports to ancient plumbing, so the inspection is not only key, it will also be a way to negotiate pricing down post-inspection. 

Record sales, high demand, soaring home prices, low rates; the real estate market hasn't been this hot since before the crash of 2008.

@Ashlie TiscorniaJust because you have a full-time job doesn't mean that this activity would not be subject to self-employment taxes.

You  need to file as markets are hot and he will have that property sold in 20 days, then you try and recover from him.