But we have a smaller one (1100 sq ft) in a lesser subdivision and not gatlinburg  that is getting tons of activity since we put it up for sale and it isn't complete. 

I’m sure the construction loans have completion guarantees beyond the ordinary carveouts so are they truly non recourse?

The MTR industry has bit of a pull back but if you are priced well and your tenants are not putting much out for a SD than maybe look at the property features then.

Efficient Renovations: Focused on high-impact upgrades like modernizing the kitchen and bathrooms, improving curb appeal, and installing energy-efficient features, which are highly desirable in this competitive market.Optimizing Layout: Evaluated the property's layout to ensure it met modern buyer preferences, such as creating open-concept spaces.

This feature and the financial reporting piece of it really saved my life!!

Even if they couldnt offer the service to complete the form i would expect them to make me aware i needed to fill it out in the first 90 days as i am finding out now.

Take the basic course requirements, complete the modules, and when its time to register for the state exam you can order a real estate exam question workbook from Amazon and use that to practice. 

So if you do a cost seg once completed on that business portion- it may not qualify for bonus. 

I will add value in the future after current tenant moves on.... with a complete reno

We are currently looking at a HUD home in Georgia - I have a couple of questions and can’t seem to find a definitive answer - The home is currently in the OO listing period - our plan would be to buy the home doing extensive renovations (the home is in a “Historical” area so renovations have to be approved) once completed we plan on living there full time - it could take ip to a year to complete or longer I don’t know  - as I see it the OO designation is to be the OO for a min of 12 months - is this after the home has been renovated or after you close on the home - though the house could probably technically be lived in now it does have some water and roof damage and needs complete redo of electrical and plumbing - for me to deem it safe - so not really livable by normal standards - but no way it would be livable in just a couple of months - any thoughts or an actual answer to the OO rules