Also, you don’t need a business license just to look at properties, but if you buy a bigger property, like a multi-family unit, you might need a certificate of occupancy, depending on the local rules.For business trips, most expenses can be deductible, but if it’s part personal and part business, you can only deduct the business portion.

This criteria is for 1-4 and 5-8 unit programs.

The HOA basically kills it. 180/mo/unit, so you are looking at $21,600/year.

Quote from @Robyn Henderson: My family's 3 unit prewar building in Brooklyn recently had plumbing issues and I'm debating renovating each of the bathrooms.

. - Value add - How much does it cost to build additional storage units? 

@Joseph Beilke, @Michael Baum, @Mike Lambert, and @Ian Fortney, First off, I'd like to say that investing in the United States in general creates a better return than in Costa Rica.  

We desperately need new homes being built.If SFRs are being built, they're slim 3-story units often under 1,800sqft and priced around $600k+.

I am considering building up on my fourplex. 2 additional units.

I think the expectation at Airbnb has definitely been elevated to a whole new level. 

.: I am trying to learn and understand... someone told me that its not just size of the home or level of the flip that determines profit, and that in some markets, what is considered a typical profit is 300k based on the 70% ARV formula.