If you take the $653K out of loans and put it in the cash line there would be no change to the total adjusted tax basis and therefore capital gains would be the same.

Financial Highlights•Acquisition Price: $72,000•Renovation Costs: $35,600•Total Investment: $107,600•Funds: raised from personal savings and private lenderHow did you add value to the deal?

We were getting a total of $2,700 per month for both of those renters combined.When my wife and I moved out of the house, our first 2 years of owning it we were bleeding money on the home.

I have calculated the late fee and it should be about a half percent total.

@Jake Baker Love the approach of measuring the total offers that you send, if you know your strategy most of the time it is a numbers game no matter the condition of the market. 

Good call, Noel—licensing and insurance are critical, but in Tennessee, a contractor’s license is generally required for projects totaling $25,000 or more, including labor and materials (See Tennessee's licensing requirements).

For now all 4 units are rented for a total of 12k/month.

•Systems: Servicing the HVAC system, replacing the water heater, and updating the electrical panel.The renovation was completed in 13 weeks and totaled approximately $35,600.

Obviously, the most important focus is on those who experienced loss of life, need rescue, and experienced total loss; again, my heart goes out to those people.From an investment standpoint, hurricanes are obviously a real, calculated risk of the area. 

@Jason Wray, I totally agree with @Brandon Croucier's comments.