Gains in a long term hold can be refinanced and used for another property, but the gain is not taxed.I originally wanted to flip homes and make quick gains when I started investing. 

So, despite the purchase price of original light versus the ceiling fan the ceiling fan is an "upgrade" for a tenant.

I'm originally from Florida, but started to invest in Columbus, Ohio. 

Originally posted by @Omar Gutierrez:i have plans at the city that are 2-3 weeks from approval. i'm a licensed GC and the house is going to be a 3/2 1100 sqft with comps in the 260's. for a construction id only need 100-110k, but the more i call banks the more im finding out that even 100-110k is "too small" of a loan.

Originally posted by @Jon LaGuardia:I’m in his 12 k course & Would like to chat with anyone that is also in his course "?

I have some clients who are brrring out properties and are able to pick up a couple at a time, and refinance in a blanket loan, get out most if not all of the money they put down on the original hard money/rehab loan, rinse and repeat.

I remodeled and added a bedroom to the original house, and then built the second house after.  

The overall gain on the sale of the original property was over $500K, and I received $500K in cash.

Our original inspector noted a drainage issue on the north side because of improper sloping.

Originally posted by @Tom Cooper:Thank you Pavlos.