So, essentially I had a listing here in Miami that was quite stale and on the market for a while.

It's essential to talk to an attorney quickly and seek advice before moving forward.

There are a lot of programs for “first time home buyers” out there right now, which pretty much means all you need to qualify is meet the IRS definition which is essentially cannot have owned and occupied your primary residence for the past three years.

They have a house with an in-law apartment (essentially a 2-unit MFH) that needs some work.

I would greatly appreciate any recommendations for essential resources, such as websites, books, or forums, that have been invaluable to your own real estate investing journey.Furthermore, if you have referrals for trusted professionals in the DC metro area, such as contractors or property managers, I would be immensely grateful.If you're an experienced investor in this region and open to collaborating with an enthusiastic newcomer, I would love to connect and explore potential partnerships.Thank you for your support and advice.

Essentially my bottom line will likely be effected nearly 30-40% because of discounts I will have to give for longer stays.I guess my questions are the following:1.

chances she is going to lose the benefit are essentially zero.This is a risk management situation.  

By focusing on essential improvements, we maximized profit while minimizing time and investment.

You could sell and 1031 it into the next property but you'd usually have to time the sale of your existing property and the closing of your new property right.I also wouldn't worry about having central air in the property unless that is essentially a requirement for you to remain competitive with the rest of that market.

These visual records are essential for later analysis and comparison.