Another consideration is that if we have a major storm event, it is usually much harder to get a single family home back up & running than a condo unit due to differences in construction and difficulty in getting a contractor to focus on your home vs a larger condo association who can attract contractors that regularly provide services for the association or can attract contractors due to the scope of the project. 

Starting a full 501c3 is a mountain of difficulty.  

Step 1 - determine the actual taxable profit, adjusted for closing costs, holding costs and funding costs, plus business overhead such as driving, technology and whatnot.Step 2 - determine Johnny's tax rate which depends on his overall income and its composition.

@Josh CasariI am going to assume you have run into some difficulty after starting this transaction.

I may have posted it in my BP blog as well, but I recall it had a bunch of difficulties with the tables.

I believe that with recent advances in AI, computing, and drone technology, Polk County will continue to grow as a logistical hub and will need staff to support that effort. 

There is an acceleration clause is most deed of trusts, that is, his mortgage document that calls for a full payment of a mortgage if the title is transferred in this manner, but people do it all the time and accept that is the mortgagee/lender ever exercises this clause then you'll just have to refinance the property and since you were paying the mortgage and have proof, you should have no difficulty in refinancing the property. 

That price range is going to be very difficult. I

In terms of ROI- the stock market averages around 10%- with possibility for significantly higher returns in the future due to multiple new technology developing that will increase productivity (look what's happening with the NASDAQ recently). 

Evaluate your financial objectives and priorities to see if they fit with your plan.Explore Out-of-State options: Considering the particular difficulties the Manhattan market presents, you may want to look into out-of-state choices.