I will happily go into grandiose details of strategic planning and answers the moment you can post in same detail for the "what if" when aliens land on front lawn of white house.... 

A genarel national trainer won't give you the detailed information that you need. 

We purchased the property for $21,000, invested $25,000 in renovations to modernize and enhance its appeal, and sold it for $55,500 on 03/29/2022.

This strategy should be discussed with your tax advisor in detail.

We lived in it for a year, remodeled both units and put in place a long-term tenant on one unit and a mid-term tenant on the other.Here's a little more details about this deal:*   Purchase price: $163k*   Financed price: $132k @ 7.625% APR*   After repair (estimated value): $225k*   Gross rents: $2150 ($750 one year lease & $1400 six month lease)*  Annual taxes and insurance: $7000*  Approx credit score: 650 (I used interest free credit card to pay for remodeling this property and maxing it out caused my score drop almost 50 pts!) 

The legal details are in Article 2A, Sales Under Power of Sale in the NC General Statutes Chapter 45, Mortgages and Deeds of Trust. 

This is lengthy, but I'm trying to provide as much detail as possible for anyone kind enough to provide feedback.I bought a condo 3 years ago but now need to move for work. 

@Dylan Speer, I saw your other post with the details. 

In addition to nationwide checks, conduct local criminal background checks for more detailed information.

They always want to know our lending criteria, which we discuss briefly and then email in detail after the club meeting.