Conventional is easier on the property.203(k) gives you the ability to roll future value into the initial loan by including construction cost.The downside is that you can’t do any of the work yourself and it must all be done by a single GC normally.

In a $125 K neighborhood, You can get close to the top of your range.

If I make a mistake.. heck I lost 5 K.

But this really only works if you needed it anyway.May I suggest looking into a solo(k) retirement account? 

I text the tenants to let them k ow about movie on the door.

Again, to your example, if you sold for $160K and the property you wanted to buy was $90 K but needed $70K in improvements it must be done so that when you take title it is worth $160K.This would be an improvement exchange. 

Erin K., hopefully Mindy will get back to me, and if so, I'll pass on the info to you. :)Happy Investing!

Thank you for the responses- @Dave Foster, @Matt K. and @Clayton Mobley.

I have hired a CPA firm, but was told the remaining questions I have are for Payroll processors or HR experts and not CPAs.My wife is the sole-owner of the S-Corp, but will also be the sole employee (as she has to pay herself a reasonable salary prior to K-1 profit distribution). 

Originally posted by @Paul K.