Based on your post and other comments, it sounds like your rehab is extensive enough that the property isn't habitable.

If you tell the IRS it is an expense, it is no longer income.W2 income does not use a 2 year average for your base pay! 

Based on this article (https://www.thebaltimorebanner.com/community/housing/baltimo...) it looks like that out of 41,000 tax lien sales, 1,750 were foreclosed on.

Lots of folks are pulling out cash based on the appraised value for their next projects and holding for a few years to benefit from appreciation. 

Scheduling is the hardest part of construction , good subcontractors are not sitting home waiting for the phone to ring , they are scheduled out weeks if not months ahead of time .

Based on your first fix/flip, it sounds as if you don't have any issues doing moderate rehab.

Paid 12800.based on google mapsThe property is a mess.

As a beginner investor based in the Seattle metro area, I'm eager to learn from your experiences and share my journey as I get started in this field.My current strategy is to focus on live-and-flip for the first three deals (looking for my second deal) to gain hands-on experience while building equity and learning the ins and outs of renovation and the local market. 

Hi everyone,I’m a licensed agent based in Philadelphia and am looking to connect with other investors in the area.

The company is based out of Sicklerville, NJ but also works in Philadelphia, where he was born and raised.