Quote from @Conte Cuttino: Property is in C+ area but in a different School district that’s B-If I sale I’ll get 30k profit after 9 months.If I keep as a Long term rental I’ll have to convert the garage into a illegal 1 bed cottage at an additional cost of $35k leaving a total of $107k left in this deal after 70% refi and closing cost.

If you could do it differently, owner occupied is easiest to get a HELOC on and has the lowest interest rates.  

Compare that to the performance of a new property (with that equity unlocked but also with a different interest rate as @Katie Ripp said).

planning to list them for 2024 taxes as 6 different properties and when rehab will be done , I will get all 6 deeds, can I sell individual condo and 1031 based on basis I will show?

You want the highest quality tenant as possible & those two intangibles we find makes a difference. 

Hey Andrew, Real estate has so many different avenues you can take.

@Kevin Wood: For those temporary and permanent differences accounts, move them to Other Income and/or Other Expenses and see if you the reports works for you. 

Look for multis with separate entrances in different areas like one door in front for one unit and a door on the side or back for another.

Learn about the Net Operating Income (NOI) and Capitalization Rate (Cap Rate)—these are essential to analyzing the potential profitability of a property.Return on Investment (ROI): There are different ways to calculate ROI in real estate, such as looking at your total return after a sale or assessing your rental income versus initial investment.

I’ve run the numbers on several different MHP development opportunities and I have always found an RV Park would be worth more on the same land for the same cost usually.