Post Dodd Frank sellers have continued the same bad practice of selling houses to occupants with financing at selling prices that are way high, can't be justified via any type of 3rd party valuation (appraisal, zestimate, tax value, even recent sales in the same area).   

However, the depreciation claimed while the property was a rental must be accounted for upon the future sale of the personal residence, which could increase your capital gains tax liability.The adjusted basis of the property (original cost minus depreciation) will be used to calculate gains or losses at the time of sale.

When the smoke clears after a sale, everything falls to the buyer's responsibility.  

Quote from @Brian Dela Cruz: @John ChapmanTypically, this would be treated as a sale, unless you reinvested the insurance proceeds into another rental property within two years (by either rebuilding or replacing), you can defer the tax under IRC Section 1033. 

The paid version for sales has a lot more is not crazy expensive for a SaaS.

Quote from @Christina Hall: Let me guess your solution is SEO 😆 I’ve spent 20 years in sales/marketing and I have to say it’s never a single strategy We are also buying up expensive keywords on google I hear this constantly when I try to help peopleI do ONE single strategy because that ONE strategy is the one that actually works.Will you do 15 different strategies just because there is some unspoken rule that says "Don't do just one strategy?". 

The ones that build out great companies build the skills, then they teach the skills to people to set calls for them, go to appointments for them and they continue to build out their company as a marketing/sales operation that is more fluid to create more revenue. 

@Frank FloresInvesting in delinquent tax sales in Houston can be profitable, but it comes with risks.

Quote from @Devin James: Gross Margin is an important calculation for developers/builders.Gross Margin = Gross Profit / RevenueWe shoot for a 20% gross margin on our New Construction HomesReal #’s:Home Sales Price: $374KClosing Cost: $18,700Cost of Construction: $258KLand Cost: $30KGross Profit = $67K$67K/$374K = 17.9% Gross MarginCame slightly short of our goal of 20%Homes Values and Build Costs are constantly fluctuatingI wish we had a crystal ball build larger homes. average new build in our market is 2200 square feet, 4 beds, 3 baths, 2 car garage and sells for 515k. construction costs lower if design is good and find the median or average home sale price and push that up. my guess is you built too small. 347k is cheap. we target 429-479k price range in columbus ohio for single family homes and also only purchase close to urban core where premiums are 20% higher and we build smaller like 1500 sq ft where price per square foot goes up. 

While I usually think people have the best intentions, as someone working with you for the first time, it is truly hard not to have the thought cross my mind that the pro forma provided by Jennifer Lucero was inflated by Southern Impression Homes simply to make the sale.