Example: you can option to have a fireplace with two windows on either side.

I did not like the first two candidates so we are still working on bringing in the designer.I actually think this is a great way to keep accountability going. 

Is it just a bad rule of thumb for an investment if you can't get positive cash flow for the first year or two?

I’ve heard him speak briefly about this on a podcast or two and am signed up to attend a webinar with them later this week.

If it was a day or two early maybe.

Quote from @Chris Magistrado: This is a terrible idea.87% of all real estate agents quit within two years.

Here is my two cents: When hiring a contractor for substantial renovations, start by researching local licensed and insured contractors with solid reviews.

Last August a decent pre-foreclosure opportunity came available on the MLS and my agent took us to see the home and submitted two offers below asking that were too low for the seller at the time.Apparently the seller was able to avoid foreclosure and the home delisted after it didn’t sale.

The pref layer is a third party institutional player.  

As already mentioned, you could sell via seller financing to lower AGI, as all you would have to claim is the payment income - until balloon payment received.Did know an investor that had 14 properties paid off and he moved into one every two years to then sell with the $250k single exemption.