My team works with a good amount of OOS investors and over the years a pattern has emerged.

A mentor of mine told me that I was charging too little for the amount of value I was providing.

In your case, changing the property from a rental to your primary residence constitutes a change in use.The depreciation recapture will be calculated based on the fair market value of the building at the time of conversion, not including the land value.Since you're tearing down the existing structure, the entire amount of depreciation taken over the past two years will likely be recaptured, as the building's value at conversion will effectively be zero.The recaptured amount will be taxed as ordinary income, up to a maximum rate of 25% for residential rental property (Section 1250 property).

I have a decent amount of friends from the Parma area and I can say that's very smart that you want to start by investing there.

Please double check this and make sure that wasn’t the amount for the raw land prior to the build.

I let it dry, then lay down copious amounts of diatomaceous earth into the gaps to discourage bugs.* Day 4: Maintenance responds to my pest control request by spraying a $30 bottle of Walmart roach spray around the house like I couldn't and didn't do that already. * Day 5: I find a live roach on my windowsill the next morning.Currently: One bathroom is taped shut and not working.

Anyone who has spent time in either of these cities since 2015+ has seen the tremendous amount of progress that has been made. 

I think he's in the process right now so I'm not sure how it's turned out, but last time I spoke with him it seemed that it was going well.I always tell people looking to do co-living that there is a certain amount of risk that you have to be willing to take on.

You will owe exactly the same amount of taxes if you get a heloc or not. 

Also have made it easy to see if you offered a certain amount, or changed your rehab budget, how that would affect your return.