I have nothing to gain other than to feel good in giving back to interested investors.  

Money saved can be seen as money gained.

Additionally, when underwriting deals, you need to account for the general idea that repairs and maintenance will be a larger percentage of your rent, the lower your rental is.  

I wonder if an inspector's license might be another good addition to our repository.

Real estate transactions, especially flips, come with specific tax implications such as the potential for dealer classification, short-term capital gains, and cost allocation for renovations, which can significantly impact your tax liability.

What would you save in captial gains on the $360k if you sold now?

It sounds like you’ve got a solid foundation with your rental property, and I love the ambition behind your plans to build a property management and maintenance company—it’s a great way to take control of your investments while creating additional opportunities.Best of luck to you! 

(replacing the original HELOC debt) However whether the interest for the  additional $200kish of loan  will be deductible will depend on 2 things: -How were the renovations paid for?

Hey David, I just started in the flipping market and am trying to better understand the process of getting started while gaining more knowledge.

Capitalize renovation costs to increase the property’s basis and reduce future taxable gains.