@Kevin Duke Since Subject A’s $6M net worth is below the federal estate tax exemption ($13.61M in 2024) and Florida has no estate or inheritance tax, Subject B can inherit the property tax-free with a step-up in basis to the fair market value at the time of death, eliminating capital gains tax if sold immediately.To avoid probate, Subject A can use a Lady Bird Deed (Enhanced Life Estate Deed) or a Transfer on Death (TOD) Deed, which allows automatic transfer to Subject B while retaining full control during their lifetime.

Agree it is difficult to assess costs when they vary so much by location.Keep in mind that some turnovers are sickenly expensive, and that is just the nature of the business. 

Hey Christian-  I understand the higher costs associated with private or hard money can be a mental roadblock when it comes to investing. 

Generally these will have a shorter maturity and higher costs. 

Avantstay's services cost money because they provide value.

Some contractors are licensed but have no staff just them so they are exempt from work comp so if they injure themselves you could be on the hook.

Even though the FMRs are $730, I was conservative and used $600 for my Pro Forma- The current owner hasn’t raised them at all because he didn’t want any turnover- outside of cleaning and painting, no big costs- Not Section 8 

They charge no fees at all.

Repair costs would be $150k.

Learned that hired labor is the highest cost when rehabbing or fixing up to flip.