I would great appreciate more info in order to make a more educated choice.

But enough to make to do all the cosmetics along with a few major items like HVAC, appliances, etc.

How long have you been working in the industry?

I have a full time W2 that I'm passionate about, so I feel this process will allow me to time to make sound decisions as opposed to quick fix n flips.

How many neutral letters are you sending?

However, be mindful of the Section 461 business loss limitation, which could restrict your ability to deduct excess losses in a given year, depending on how your rentals are reported.This post does not create a CPA-Client relationship.

If you divide that amount into the capital gains tax savings, you'll get a number of months you'll have to own your current home to make the interest savings exceed the capital gains savings.

I'm going to send you a message and we can talk offline 

If it costs $150,000 and the ADU rents for $750, then it's probably not worth it.Here's a guide on how to analyze a property.

How are you finding FLIPS in your state?