Full gut renovation, including but not limited to full replumb, full rewire, complete mechanical upgrades, and new apartment finishes from studs.

Having a full renovated home in the inner city is like being a sitting duck.

I'm not sure what market you are in but I'm knowledgeable on Columbus Ohio if you ever want to talk about build to rent. it's not purchasing new builds at full market price, it's building it 25% below market yourself 

Most hard money will be interest only payments on the full approved balance of the loan whether or not if you have pull the draw funds for repairs.If you have any other questions, post them in the same thread below so that we can all learn from the answers.

This past summer he got stabbed in the neck trying to break up a fight. 

I love the town, but I guess that my point is that it has substantial challenges as a full time local.

Originally posted by @Zach Harsh:@Bruce Lynn Yea I hear you, I have been a full time investor more or less since about 2015 or so. 

Is LBYM long enough for a full down payment really worse than the stress on your family? 

I quit my w-2 in 2023 and pursued real estate full-time.

Up until that point the property was solely in my name.If I decide to occupy the property after 2 years, and decide to sell the property after 5, do I owe the full deferred tax amount, or are the taxes "prorated" based on the ratio of time the property was investment/primary?