@James Hamling is correct about those cap expenses coming. 

It wouldn’t take much time with “steady” home prices for the graph to self correct. 4) I assume at least some of this is choice.

Remember, most county assessors either have the info somewhat incorrect or their websites will be nearly impossible to figure out correct sq footage, especially for unfinished areas.

I ended up having to pay for their tax preparer’s time to meet with me and make corrections.

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That is something I would for sure have to look into as, according to your post, it seems like the timeline for mid-term rentals kind of lines up with the amount of time that we would be gone each year, which would work out well and probably require less of a hassle of trying to maintain the property after each stay for Air BnB.

AI replies and posts are annoying but hard to maintain/control those.

If he kept the house, then your statement would be correct, because there is no immediate taxation of insurance payout.

I'm an experienced project manager with hundreds of cradle-to-grave efforts under my belt, including building project scopes and budgets, evaluating contract proposals, and managing construction to maintain the delivery of high quality products on-time and in budget.Penny is a licensed clinical social worker (LCSW), serving the community mental health needs of parents, children and families.We both recognize we have an immense opportunity to serve our community and want to capitalize on the blessings we have been provided so that we can continue serving our neighbors.My wife, Penny, and I are looking to transition into commercial multi-family real estate in 2025.