Those can indicate poor management, deferred maintenance, difficult and expensive upkeep like ocean front which will bring up issues with rising oceans, insurance, and hurricanes. 

The fix-up and increased value will not matter to the IRS as long as you sell within a reasonable time frame of the house passing into the estate.

Hi Treza,Not sure where you are in the process there, but when your ready to exercise financing options please reach out, it's very difficult to find a ground up program for inexperienced borrowers without having an experienced GC sign on the loan with you which in turn is not easy to find. 

That said, weigh the cost of renovations against the potential increase in appraisal.

I don't disagree that Airbnb claims can be difficult but this is all very common in the industry. 

Real estate has always been in the back of my mind as a way to increase our wealth and provide for our family.

Have you done work to the property for ARV to increase since purchasing?

So what kind of property would it take for you to increase your cash flow by $2000 - $3000 a year. 

The taxes can make things difficult, but there are some things you can do to minimize their impact.  

Since the last report, we have seen a significant increase to Median Price of New Listings, from $227,950 to $241,450.