This is quite low for January.

Then I'd push those factors out if there were no good comps.  2 miles, 6 months.  2 miles 12 months , etc.It takes some local knowledge to know when you're pushing those parameters out too far to be useful. 

I have been out of the country and just seeing this today.

However, a check of the zoning showed this property was zoned for up to six stories.

Or we gradually perform high-quality updates for a live-in flip, then roll the equity into a new home.Regarding rental income, we aim to boost income, lower our effective tax rate by generating more low tax-drag income with rental income (since there’s not much we can do to lower out W2 tax bills) and have retirement cash flow.To compare the financial impact over 10-20 years, we want to analyze renting versus flipping.

I hope this hleps!

Hey @Stephanie Medina, this comes up fairly regularly and is really an individual situation.

Congratulations on getting this deal going.

This area is a tourist town where people who love the outdoors go to vacation (golfing, fishing, lake sports with the family, lots of quaint country downtown areas, etc...).

You really need to talk to a tax advisor in this situation.