A lot of jurisdictions dislike density, particularly if parking is an issue and mass transit is not readily accessible.

It may seem easy to jack up rent but there is something to be said about good, on-time paying tenants.As an accountant, I always rely on the numbers.

In your scenario you'd have a potential tax event on that $200K difference.Here's a creative way to access most of that money tax free however. 

The CPAs and EAs I see on BP are exceptional so make sure you reach out to and chat with a few of them too before making a decision. 

I agree it’s a stalemate right now but in addition to the affordability, the issue is that it’s easy to make 5% (after tax) in the stock market, and has been for several years.  

I’m in the process of getting my real estate salesperson license to gain access to MLS listings as well.

I suggest that you contact customer relations at AHP, tell them you're a potential investor and ask for access. 

The HML covered 100% of the $32,500 rehab budget through drawbacks.Refinance: Post-rehab, I refinanced into a primary mortgage, creating 25.5% equity in the property.Future Financing: I plan to leverage the property with a HELOC to access up to $86,000 in capital for future deals.

It's always going to be easy to look back and wish you would've invested in year X.100%!!

To make things as easy as possible, I send a monthly Zelle request about a week before the rent is due.