It helped land him a 6 figure job out of college working for a large family office that builds 200 to 500 unit apartment complexes in the SE US.   

I am also interested in developing properties and building my own rentals, but I expect that won't be possible for several years.Are there any other investors in Idaho (especially SE Idaho) on here?

What you're proposing is the conversion of ordinary income subject to SE taxes into deferred capital gain, OR potential exclusion of the income all-together under IRC Sec 121 if the property is to be your residence.I've seen no reasonable basis for such a position.

- Is there a general estimate proxy that you se for factoring in any closing costs with the lender for the financing, assuming it is not an all cash project?

I experienced this when I lived in SoCal given the wildfire exposure and the SE has also been feeling the pain with all of the hurricane exposure.

Some people define the Catskills as the four rural counties west of the Hudson River in SE New York, Green, Ulster, Sullivan and Delaware.

I looking at MFP to start investing and wanted to see if anyone had any experience or knowledge about Chichester (Boothwyn), Sharon Hill (SE Delco) and Darby/Upper Darby. 

I've used Sitelink and ESS.  

My total cash flow went from $1200/month off that one ho Se to mow $3500/month by doing this.

Also, here is the current listing for the asset:https://buildout.com/connect/sharing/3125-crestdale-drive-ho...Based on this property, sounds like maybe the property didn't go into foreclosure, per se, but that the Key Principle stepped in and removed the operating partners due to mismanagement.