@Muhammad Kashif Flipping a property in 6–9 months results in short-term capital gains, taxed as ordinary income (up to 37% federally, plus NJ state taxes up to 10.75%).

You can go to Redfin or Zillow and see the level of finish houses with short DOM have in the area, can you at least match that quality?

However, after receiving the survey results, I discovered that the house is located less than 1 foot over the sublot line (see attached image).Here are the options I’m considering:Rent the current house for market value (~$1,500–1,600/month) and convert the detached garage into an ADU to rent for ~$1,000/month.Relocate the house to split the lot, then sell the newly created lot (~$100,000) while renting out the existing house.Relocate the house to split the lot and build a new home on the second lot.Demolish the current house and garage, split the lot, and build two new homes.At this time, I am uncertain about the cost of relocating the house.Questions for the community:Has anyone faced a similar situation?

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

SO that will result in a lower monthly payment.  

Focus on what matters, not on things that have nothing to do with what drives the desired  results.

Towards the end of the year I was down to my last couple of grand until I had finally seen the results of my prospecting throughout the year.

As a result, the grouping election on material participation should be explored. ...

Lock-out, should they continue to not come even, would be typically less than 14-days.Unless the tenant comes even with the rent (which would result in dismissal of the non-payment of the case), there is generally limited defense to this process.

Respond quickly and professionally to inquiries to show you’re reliable.Leverage Airbnb's New Listing Boost: Airbnb often prioritizes new listings in search results for a short time.