Answers by Zakk Varughese

No, you do not have to physically tour the property. However, it is never a good idea to buy a property sight unseen. You need to physically lay eyes on the property yourself.

You can avoid paying taxes on the profit if you keep the property for a minimum of two years unless you do a 1031 Exchange.

In general, agents who are willing to work for 1% are those agents who are inexperienced. You want an experienced agent.