Hope this helps, but the vacant lists have not been as good for us out here in California compared to actually driving the neighborhoods collecting highly distressed vacants and reaching out to those owners.

So since you will be collecting more rent income, the amount of money set aside for maintenance and repairs will be greater as well.It never hurts to set aside more though, build up a bit of a cushion!

But none of them wanted to be responsible as that person to collect the rent and pay the landlord.

And as you proceed more and more, you collect all these "solved issues" and that will define your knowledge.Now remember what I said: just focus on the first step?

I'm never comfortable depending on insurance alone, as I know they are in the business of collecting premiums and denying claims.

that means... numbers have been collected).And don't just take my word for it, heck don't take that studys word for it.Look at yourself. 

But, the distribution will not be subject to this tax.In my opinion, the best option when it comes to flipping is to buy at a substantial discount, fix the property, rent it for a while to collect some passive income, and sell it as a turnkey rental to another investor.

@Nathan Gomes after running around like a chicken with my head cut off last year, I learned to collect all of the information I will need to complete a 1099 in the contract at the start of the job.

If you didn't necessarily need to deploy all of it to satisfy the 1031 I would say you could also just be a lender and collect the interest.

Generally yes, with 3 exceptions:If he collected less than $600 in management fees during 2018 (unlikely)If he deducted his fee from the rent that he collected electronically (could be hard to determine)If he operates as an S-corp or C-corp (not common)