For example, I've been licensed for 7 years but I've never worked on houses, so I personally would not draw up plans for a house or "stamp" plans that someone else provided. 

Unfortunately, this reassessment is unavoidable, so you’ll need to evaluate whether transferring the property is worth the potential tax increase.If a Transfer Is Not Feasible:If the potential property tax increase makes the transfer impractical, an alternative option is for your father-in-law to secure a Home Equity Line of Credit (HELOC) on the property.

For many years we did have turnover every year, so that was a good number. 

Its how come I am so entrenched in funding in the mid west till this day.. 

I just paid off another DSCR so pleased to be in this position. 

As you probably know from also living in the area, values can change dramatically from block to block, so it might matter most how you feel about the outlook for the specific area it's located in.

“live your dash” if you do not know what that is google it. pretty powerful and it seems like the original poster is doing this.

What are the odds that so many people who just joined BP/have never posted before, all took a class 99% of us have never heard of AND had a great experience?

I’d even consider finishing the basement, just well enough for me to live down there, so I could rent out ALL the units.I’d save all my cash and look to refi the property in 1-2 years out of the FHA mortgage, so I could use it again if necessary.

So that the wholesaler can make some money.