Hope that helps explain the policy a bit more :) I need to stress again that I was not in the right frame of mind when I made this post.

The property tax savings are going to be in the ball park of 40-60%, but to be safe you should double your expected repairs budget when calculating the NOI.If you have any other questions, or want a more in-depth response, I would love to help!

I’ll try to give as much helpful advice as possible. 

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

This would allow us to come to the table with less funds out of pocket on the front end when starting construction.Is the best way to complete the transfer of ownership through a traditional sale registered with the county? 

Happy to help you with either option, send me a DM.

Thanks so much for your help!

We've seen a few lenders help with <20% DPs, so feel free to PM me if you'd like to chat about options. 

I'd bet that this note is worth more to you than to most buyers until the note is much lower LTV, but I'm a novice in this space.

Quote from @John Lasher: I am still helping investors flip, find deals, and get them on the market..