I am a construction manager in my 9-5 and have extensive background in top to bottom labor and management from my younger years. 

Thank you.The BP documents are allegedly updated every year, but I've never been able to verify that.

If I believe I can generate enough profit this year and navigate any potential inspections next year, I’d be comfortable moving forward—using the income earned to cover any necessary upgrades.An alternative exit strategy is to document the financial performance and sell the property as-is, highlighting its strong short-term rental income.Think through your next five moves, from best to worst-case scenarios, and make a decision that aligns with your goals. 

I was asking for more information  from Blake Capital a year or so ago.

I essentially am thinking of a 5 year plan to build them exit.

Purchase price: $28,500 Cash invested: $178,000 Sale price: $250,000 Bought a 3 unit riddled with drugs or prostitutes from the city at the tax auction, spent a year gutting and consolidating all three units in two structures to a single-family home with an exterior side entry garage.

You have the ability to sell while limiting your capital gains tax because you lived in 2 of the last 5 years. 

Will take a few years to see cashflow.

Happy New Year! 

I have a strong background in sales and business development, with years of experience driving revenue growth, building high-performing teams, and closing deals.