They still own the house though.

Determining whether to do a cost segregation study or not has a lot variables.

The property manager we work with offers reasonable rates for this service and will take care of inventory management, leasing, maintenance, and overall property management.Always buy a property that would also be a good long-term rental.

What are the best areas in Birmingham to flip properties?

Understanding the interest rate, loan maturity date, and any prepayment penalties will help gauge urgency.3.

Of the conversations I have had with people discussing hard money lending, some seemed opinionated in that the high interest rates and terms were enough to scare them off.

Hi All, any input on renovating a house and possible tax exemptions under an LLC?

It's no different than their 2-year, low interest rate teaser houses.

As another poster mentioned rates are lower than they've been in the previous 18+ months but unless some very surprising economic data comes out between now and when you did your refi it seems unlikely that rates are going up in the short term and there is at least a decent chance that rates drop a little more before then. 

They'll want all the money spent on the main house, lenders kind of ignore ADUs it's weird.