Also you should inquire with insurance agents about the cost to insure.

If you paid $950k and only get $1M after selling costs, don’t bother with the 1031.

If you no longer have business operations in the old state, forming a new LLC in the new state and dissolving the old one may simplify compliance and tax obligations.Some states impose franchise taxes and annual fees that could make one option more cost-effective than the other.

How much would did cost to expand the septic tank and the associated regulations change to reflect in the county records. 

If any costs go up, developer eats it.

.- Expected renovation costs $1MM.

I made a few thousand less than expected but I figure that's just the cost of doing business sometimes.Based on my experience I wouldn't let the remote possibility that a homeowner might go into greed mode dissuade you from doing these deals.

Hard money typically refers to a company that has it's own underwriting guidelines, rates (9% - 15%), costs, draw process ect.

Evaluate Property ConditionOlder Chicago buildings often have charm—but may come with hidden costs.

What is the cost, and what does it cover?