10k Course, Sub 2 an inner city boarding house, Cost Seg, Cook Islands Trust  Naa, you forgot a step: after the sub2 and before the cost seg you need a G6

Renovations that truly add value-like modern kitchens, open floor plans, and energy-efficient upgrades are making the difference in selling faster and at top dollar.Financing & Interest Rates: The higher cost of borrowing has made tight budgeting more important than ever.

Raleigh is in a flywheel effect. 

The ability to get funding in just a few days can make a world of difference, allowing investors to act quickly and lock in the best opportunities.I’m curious, in your experience, what strategies have you found most effective for building strong relationships with reliable direct lenders?

I agree with John, we are seeing renovation costs of $150k- $200k for a basement unit and $250k + for a coach house. 

the value added versus cost to add, especially in single family zoned areas, typically results in a large negative initial position.  

The rules are designed to prevent related parties from engaging in exchanges that shift high basis property for low basis property, followed by a sale of the low basis property, effectively "cashing out" without recognizing gain.If you sell a property to a related party as part of a 1031 exchange, both you and the related party must hold the exchanged properties for at least two years following the exchange.

Initially the numbers were 40k for rehab cost Lessons learned?

Several people told me I shouldn’t do this, but it’s one effective way that helped me scale up to 29 SFR in 9 years.

The city already had a STR permit in place.Our permit will cost us about $500 per year.