Those 2 skills will be the most important in whichever direction you go with it.

I would do A, whichever one the property is permitted for B, whichever gives me the best return 

In the first year (2014) the minimum penalty/tax is $95 or the percentage of income (with cap) whichever is greater.

I'd suggest you open up Zillow, Redfin, Realtor.com, Trulia (whichever suits you best) and search for comps in the area and type in "remodel", "upgraded", or "renovated" into the keyword text box in the search filters and take a look to see how flips are being remodeled in your area. 

Good luck with whichever you choose.

Once you make your choice, push forward and don't look back wishing you had done the other.Give which ever choice you make your full attention as both will have different demands on your time and resources over time.  

Generally it is 50% of balance or up to 50K -- whichever is less.

So I bought it for  $1. and to have the remaining $13,999 be given to him within 90 days or due on sale which ever came first.Get creative with you thoughts that the Aunt needs to hear, to feel protected.  

Increases are capped at 5% of base rent, or the percentage increase of the Regional Consumer Price Index (CPI), whichever is greater.

Looking at your profile my partner and I would like to set up a zoom meeting or phone call whichever works for you.Please advise when would be a convenient time to set it up.Thanks,Lonnie and Esther,