@Kyle Lamhypothetical example with simple numbers - you buy a house for 100K and fix it up for 50K.  

Alternatively, in a QBO Simple Start or Essentials subscription, if seeing profitability by property is important, you could still structure your chart of accounts to reflect each home, though your P&L will be a bit more lengthy & harder to digest.If you have any questions, feel free to reach out, happy to walk you through the pros & cons of QuickBooks options!

It is really a simple answer but you know Chicago, why would they do anything that makes logical sense?! 

Simple, there is only one way to do this....First you need to get a solid ARV number.

Each lender will be willing to provide a ballpark rate quote with some simple info such as FICO score, property type, location, term, and desired LTV.

And rarely will you net as much or more from an investor than you would from  listing with an agent.Interveiw agents commissins are negotiable so negotiate those.. and these are very simple transactions so any competent attorney can reveiw the contract etc..

One option I'm pretty familiar with is land conservation easement/fee simple - though this is more of a strategy to help with all AGI rather than strictly capital gains.

My focus is simple: helping out-of-state investors like you unlock the full potential of the Birmingham market.

The contract was a simple 3 page one and I wrote this in.Also, it is a single family being rented as a rooming house (which is technically not legal here).

Now that's flipped, which makes profitability on a simple rental much harder.