But in my mind that's your best case scenario, take your profit at the beginning, maybe buy a couple of the houses at a discount on the back end as rentals if it works out, but for sure I wouldn't want my profits for improving raw land tied to the final sale of the home unless I was incentivized to do so.  

You have to start with your long term goal in mind.

thanks john. would you mind sharing your excel template? 

If you're asking about loss harvesting with real estate as the asset, you can typically only loss harvest when you sell an asset, unless you sell that property and it has a loss, keeping in mind depreciation, you won't be able to loss harvest.

That's cemented in my mind for how our Government translates "Help", Halliburton and electrocution showers. 

Management has to allow you to STR, and not change their minds in the future.

That’s the first thing that comes to my mind - sell it and walk away.

Your peace of mind matters.You’re not late—you’re just starting fresh, and that’s powerful.

It's kind of the off season for rentals, so I would take that in mind also. 

If they teach you to buy at best price and sell at best price do you think they have your best interests in mind ?