@Michael Doherty and @Mike Auerbach and @Ellen Steele Don't forget the additional tax benefits available with cost segregation on the new basis as well as 179D.

He's a legit guy and we are now on agreement to purchase an additional 66 acres. 

Sec 8 here also inspects the home each year, in addition to your PMs inspections (if you have one).

I do qualify for being a broker which comes with some additional education etc. 

Additionally, I verified that the parcels are buildable and analyzed competitive market prices, which suggest high profit margins.

This will give you a clear idea of what the house might be missing, and or need and gives you time to make those changes/additions before your first group.Another tip: I think it is natural for bigger properties to have more vacancies during the week/slow season.

Additionally, we are digging into BLS data to compare already existing data.

That no additions or remodeling was completed without a permit.

If you need any additional insight, feel free to reach out.Breeya Johnson 

I will answer as it relates to traditional BRRRR, in the general case there are additional options.  1) Do not perform maximum cash extract.