Unrealized equity is nice, but doesn't really do much for you except make you feel good when you tell someone how much equity you have.

. :)Please refer to the related thread here: https://www.biggerpockets.com/...Feel free to contact me with any questions. 

It was a learning experience but I made it work in the end.Mine was a 5 unit commercial building that needed a gut renovation, similar to yours. 

I feel the investor is off to a great start.

We bought a property that we feel is assessed by the our local government too high.

It is right on the fringe of being legal/illegal, and lawmakers have been talking about how to regulate it for years because it can be a dangerous process that leaves end Buyers feeling like they weren't represented.....especially when they see the closing statement and find out how much the wholesaler made just by getting to the Seller first. 

They likely know people in the area, and then they might feel that you are trying all avenues to find the next tenant.

Their expertise can often pay for itself in the form of reduced taxes and increased savings.Takeaway: Look for professionals with experience in your specific market for tailored advice.By implementing these strategies, you’ll not only reduce your tax burden but also set yourself up for long-term success as a real estate investor!

I am looking to connect with local (to myself) investors who have made the leap out of state. 

Facts NOT feelings Jeremy.....