Because they want to ensure the board hired someone they can influence.

So there are a few ways to look at this, the 1st question is are you sure your renovation’s will double the property value, most renovations on primary residences, your lucky to get 60-70% of the dollar cost back out upon sale, so really nail down your comps, than you have basically a math problem if your rate on your primary goes up how long if ever before that extra payment is more than 400k in taxes, that’s just a simple calculation to help you decide, but I suspect you actually have a different question here, from a purely financial perspective my guess is the best option is to do anything to avoid that tax hit, but one of the reasons to make money is to spend it on things that you enjoy, based on your overall financial picture and a subjective view of how much enjoyment you will get out of a renovated home, you should decide if you want to roll your profit into another deal or “cash-out” your winnings, I love cars and I’m willing to spend more than is fiscally smart on them because they bring me joy, there is nothing wrong with that, but i don’t think it’s a fiscally smart choice, without knowing your exact property id imagine a renovation would fall into that category, so that’s the terms I would use to decide.

This decision will heavily influence your strategy selection.2.

I would do absolutely nothing.There is no reason to compete with stupidity as it will weed itself out.If one property comes to market at $400-$500 cheaper than actual market rents ONE lucky person will get that property and one foolish landlord will be losing a LOT of money.This would literally have zero impact on my ability to rent my place and I wouldn't for one second allow it to influence my pricing strategy.

The cost of buying down interest rates seems to change every day and is influenced by the credit score.

With a market boasting a population of over 100,000 and a track record of consistent growth, there is a sense of stability when it comes to investment opportunities.One of the errors I made in the beginning was allowing emotions to influence my decision-making.

Crime & Place shows more crime in the northern parts of West Sacramento vs. the southern parts, so an investor's tolerance for crime may influence their decision. 2.

You have a better chance of winning the lottery than influencing an appraiser!

If you have equity, consider pulling out money to invest with a home equity line of credit.Also, because you have a schedule that can allow you to actively work as a Realtor, I would encourage you to get your real estate license, as I did, and begin networking with other local investors and helping your sphere of influence buy, sell, and invest.

My lender seems a little iffyy, I'm not sure if how I describe my intended use of the property will influence if they give me a loan.