Hi Michael,I agree with Bruce that rephrasing other people’s content can be risky, as it could potentially lead to plagiarism issues, and it doesn’t establish your business as an authority in the field.

Additionally you can do a cost segregation study and get a lot of depreciation benefits to offset the rental income (and potentially other income).  

Tip: Take a couple videos of the place fully furnished before anyone moves in and send them as video tours to potential tenants on FurnishedFinder when they ask to see the place.

We’ve started talking about the potential for collaboration, particularly to reduce construction costs by building simultaneously.

@Jonathan Klemm Plans are to either house hack again, potentially live-in flip or maybe venture into 5+ unit commercial

In December 2024, 67.9% of homes sold below the asking price, indicating potential opportunities for buyers to negotiate.

@Enrique Toledo  Any update on this potential deal and what you wound up doing?

Again, if your $250k is true, and includes all the electrical upgrades, new plumbing runs, potentially new foundation pour (since I assume the existing garage slab is not capable of supporting a new two story house), I am guessing since I don't know the market, but assume you will have a lot of equity by completing the project.

This collaborative approach not only enriches your understanding but also opens doors to potential partnerships and investment opportunities.

The seller said this is in a gentrified area so there's potential to rehab this effectively and get a high payout as shown in the last comp.