Your approach here has definitely given me a lot to think about in terms of spotting hidden value.Curious, with the deferred maintenance challenges you faced, was there anything unexpected that came up during the rehab that you’d approach differently next time?

I mean, don't get me wrong, we have to comp the property...so if you are looking to REHAB the property and make it something different, then you need a rehab loan first and then refinance after type of thing. 

Wanted to know if landscaping is a tax deductable expense in general and if it differs when one unit is owner occupied.

A lot of the success stories and content we’ve seen in the past came from a very different rate environment, so I’m definitely factoring that into my approach.For now, I’m planning to focus on the Jackson County/MO area, specifically around Lee’s Summit where I have some local support from family.

Post insolvency, the framework allows an assessment to all private insurers operating in the state to cover the difference which will subsequently pass the costs along to policy holders.

I would encourage you to learn the market you plan to invest in now and to continue to learn about the different methods of investing.

Boot includes any cash retained or the difference if the replacement property is of lower value than the relinquished property.

I have worked with a ton of new investors, and don't get me wrong, there is a difference between patience and ambition.

I'm unsure if you would be able to combine both loans given that the HELOC is tied to a different property than the one you got traditional financing on.A work around is if you are able to purchase the new property with the HELOC at a significant enough discount, bring the property value up via renovations or additions, then refinance the property, pulling out enough money to repay the HELOC. 

The landscape is just different than even the last 3 years with people making bad calls but getting saved by significant appreciation.