Given the competitiveness in Scottsdale, exploring duplexes or triplexes might be a more feasible alternative to larger multi-family units.

This could free up more cash flow to reinvest in your deals.But here’s where it gets interesting: making the transition to an S-Corp can require a more organized financial structure, which includes separating your accounts, keeping clean records, and being prepared to pay yourself a reasonable salary as the business owner.

In most cases, 6-12 months is a more realistic timeline, especially for larger rehabs or when you’re trying to maximize the property’s after-repair value.

Interesting so the gator method is a more complex form of whole saling basically, is that correct?

I am also counting on a few 55+ seniors selling their homes to escape the city (Austin, Houston, Dallas) for a more affordable community where their retirement savings will go further and where they can connect with other seniors. 

And, with Trump we know that policy is lower taxes and a more favorable climate for business.

However a more experienced person might now better all the details 

You might also want to consult local property managers or rental market reports for a more accurate picture.When it comes to estimating CapEx during preliminary analysis, without visiting the property, you can use a general rule based on the property’s age and condition.

@Diogo Capela can give a more detailed view on some of the legal adventures we had with this property but, to summarise, my key learnings from this deal to date: 1) Get confirmation that the entirety of the property is on the Camara (town hall) plans and fully legal.

This will help you make a more informed decision.