While showing one of the newly vacated units to a potential renter, he informed me that he was displaced because of the hurricanes, and that FEMA was providing him with assistance for moving, including paying his security deposit, rent, and moving costs.

This is especially true since I often look for properties that allow for tax grievance potential too further increasing cash flow.

@Quentin LeeTo build a successful investment portfolio, focus on cash flow, value-add potential, and cautious leverage.

Hello! New to the BP forum and joined out of curiosity for a hypothetical scenario.I know everyone's situation is different, and everyone has different needs and priorities within Real Estate.So I was curious on one o...

If you are 75% complete rehab you are very close to ordering furniture IMO.3 - Look for safety hazards - i.e. uneven steps etc.If your time in town is limited I would focus on these 3 areas.  

Always approach such claims with a critical eye.This education has potential, but like any tool, it only works if you put in the effort and stay vigilant against common pitfalls.

Both markets have a lot of activity and seem to offer great potential.

However:Capital gains taxes can be minimized through deductions like rehab expenses, holding costs, and agent fees.Alternatively, if you decide to keep the Mooresville house and rent it out, you could potentially defer capital gains taxes through a 1031 exchange, but this only applies to investment properties (not primary residences).

Should you run into an issue with said tenant and need to evict or should city know you placed them in there, you expose yourself to potential fines. 

To add to that, you also want to consider the potential appreciation and cash flow of the new deal.