So much headache can be avoided if you have the correct spread.

. - $500 HOA fee monthly- $230,000 Sell price- The $75,000 spread is the owners equity that is proposed to be amortized over 2 years. $3100 mo- Assumable VA loan. - Market rents: $1900-$2100- Sell Comps: $230,000Situation: I don't have the cash to service the debt while repairs are being done. 

It all depends upon the total cost of construction, based on that your monthly fixed cost/mortgage will come into picture.You cannot rent too far from market rate, essentially you should have some spread between mortgage(construction cost) and rent to cover for cashflow, vacancy etc.I would suggest you to keep the selling it out as your second exit strategy if renting is your first one. in that case your construction cost + selling cost cannot be more than market price of new construction.You can also try to reach out to developers to give them a piece of the pie but then you will have to sell for sure.

One of the tenants, who seems to be clean, the times I have entered their property, had a window trim in her bathroom that was full of mold and kept spreading when she cleaned it.

While the $135K note qualifies for section 453 installment sale treatment with the gain spread out during the payment period. 1) Is my understanding of this transaction correct?

Maybe multifamily makes more sense to spread out the risks.

Additionally, investing out of state diversifies your portfolio and spreads risk.Ultimately, the decision between house hacking in Oakland and investing out of state depends on your financial goals, risk tolerance, and ability to manage properties remotely.

I also use a vintage year strategy (which is similar to dollar cost averaging in the stock market), where I don't invest all my money at once but rather spread it out over multiple vintage years.

Sometimes the owner will want to spread out the commission in a gross lease deal, as they don't know if the tenant will remain for the duration, but everything is negotiable.

It would be a pretty large spread.