Do they do any of this in house? 

Now, are you planning to house-hack and live in one unit, or going full rental?

Or paying off my debt, while I provide them with a nice house to live in instead of an apartment. 

It’s raw land and no house. 

With its strong demand for housing and rapid growth in various neighborhoods, you’ll find plenty of opportunities.

I think if I make this house really cute, I could potentially get $240K ARV.

Which is very complex and costly and likely warrants professional help.Now, if it's just you and your spouse, then your 2024 tax preparation is likely relatively straightforward:- you will create a Schedule C on your personal tax return- you will NOT report any costs of purchasing the property or its rehab, not in 2024- you will report your business overhead expenses such as marketing, driving, technology etc- you will end up with a business schedule showing zero income and some expenses - not breaking the rules but potentially raising an audit flagCan you do it yourself?

Serve your tenant with the 60 day notice.https://dca.georgia.gov/housing-choice-voucher/landlords/geo...

@Chad Chase - I think funding a fix and flip with a HELOC from a primary house could work.

Hi Linda,Lots of great advice from @Carla Gordon @Brian Schroeder @Jay Thomas Specifically I think it's always smart to check out FF Traveler sear https://www.furnishedfinder.com/housing/New-York/New-York) and Airbnb/VRBO for 30+ days stays to gauge what sort of similar properties are currently out there!