Beware that the state charges 7.8% excise tax every time a property changes hands.

It saves me on commission, excise tax and anything else percentage based at closing. 

Before you get too involved in real estate, have an escrow officer explain the punitive Washington excise tax on selling properties, so you can calculate profit or lack thereof, before you take on a project.

I am assuming an annual reassessment at the full purchase price plus the 2026 city/county levy increases and school referendums.Municipal Services Bill (125 dollars per month)Factoring in the owner-paid quarterly bill for water, sewer, and solid waste/trash.Insurance (185 dollars per month)DP-3 landlord policy benchmark for a 100-year-old duplex.Property Registration (75 dollars)Mandatory DNS filing for non-residents.Does this look realistic for the current 2026 Milwaukee landscape, or am I being too conservative on the maintenance and tax side?

Quote from @Lidor Levi: Hi BiggerPockets community,My name is Lidor, and I’m a real estate investor from Israel.I’m currently starting to invest in the Cleveland, OH market, with a focus on fix & flip projects.I’m looking to connect with experienced real estate agents who actively work with investors and have access to off-market opportunities and wholesale deals.If you’re an agent based in the Cleveland area and experienced with flips, feel free to send me a message and we can set up a call to get to know each other.Referrals and recommendations are highly appreciated.Thanks in advance!

Basically, you're expanding your SOI, and those connections will also pass your name around.I'm investing in Citrus, Marion, and Levy Counties.

Landlord-tenant attorneys like John James Joseph or Levi J.

An IRA can be fully disqualified, whereas a Solo 401(k) is subject to the 15% excise tax under §4975, with correction required, and a potential 100% tax if not corrected.

@Levi Bennett The area you've mentioned in WNC (ie, Bryson City, Cherokee, Waynesville, Maggie Valley, etc.) appeals more to people who want a quieter mountain vacation, and perhaps a less expensive one as well, which has implications for revenue. 

I had long term tenants that were okay, but I decided it was time to sell.  20 years had passed by this point, price had almost tripled and the condo board was talking about another special levy-this one was massive (tens of millions) to redo the outside of buildings, decks, etc.