I had to give them the bad news, there were no beach properties that cheap and the real prices are $1M to $5M.These articles pull the sales data for zip codes which can span over 100 sq miles, but then show the income data from a small area (1 to 10 sq miles) within the zip code. 

Additionally, you might want to install a fence with a self-locking gate and make sure all pool equipment is up to code.

Special care should be taken when considering a flip that is bigger than you are accustomed to.

@Maciej G.Maybe someone with a local jurisdiction could chime in but at far as international building code goes- there is a heat minimum for a home - but like I said some local areas could have their own laws regarding this.

I'm a licensed real estate agent specializing in investment properties in Indianapolis and Central Indiana. 

Ensure all additions meet local building codes and have proper permits.In your specific case, converting the loft into a bedroom and adding a bathroom could be a smart move, potentially increasing your home's value and appeal to larger families.

However, there is a special allowance under which some or all of your passive activity loss may be allowed.

Here they say you get them with 0 upfront costs and free after the special tax program and what not. but 95% of them Nobody can qualify for.

However, that was long ago before the (internet) in a specialized environment.

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