That would be your downpayment and or market value the day you buy.  

Suffolk also did great; average 2-4 unit values rose 7.3%.

@Caryn Fischer You can sell your house to your child below fair market value (FMV), but the difference is treated as a gift.

I’m here to connect with like-minded individuals, gain insights from others, and contribute value wherever I can in the real estate field.

On the surface, the deal seems appealing, but there's a catch: the asking price is $475,000, which is about 18% over the market value (based on comps and DealCheck estimates around $402,000).Details of the DealProperty: Duplex, 2,400 sq. ft., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?

The country's continuous population growth, coupled with its high demand for urban housing, positions its real estate market for steady, long-term price increases.Over the past decade, cities like Berlin and Munich have seen remarkable growth in property values, with an increasing number of investors betting on the continued upward trend.

You will also need about 6 months of reserves deposited in a traditional financial institution rather than a crypto account.The next step is to find the target property and calculate the acquisition costs and costs of construction along with the after-repair value. 

You can have replacement value insurance and this seems to be what Airbnb claims to provide yet sometimes getting them to pay is challenging.

What do you think is the best amenities for Airbnb in ROI value? 

The deduction is optimized as values increase and can potentially offset the entire net investment (including down payment) for high wage earners.