Quote from @Paul Lucenti: It depends what you're looking for.

., the 2006 or 2009 IECC — International Energy Conservation Code).Cost Considerations for a 90-unit or 112-unit Project:The actual cost of qualifying for the 45L tax credit depends on various factors, including:Energy Efficiency Compliance: The primary cost will come from ensuring that each unit meets the required energy efficiency standards, which typically involve energy modeling, certification from third-party energy raters, and potentially upgrading insulation, HVAC systems, windows, and other components of the building to meet the necessary performance levels.Energy Modeling: Typically, you'll need to pay for an energy consultant or engineer to model the building's energy performance and ensure it qualifies for the credit.

If you're still shopping markets, I'm happy to set up a call to discuss how Memphis could be a good fit for you depending on what strategy you're looking to implement.

It really depends on how much value you think that extra semester will bring to your goals!

Quote from @Devin James: Im currently learning this lesson with New Builds that have taken twice as long to complete than anticipated.....Finishing a Real Estate project ASAP is critical because...1) Holding Costs add up quickly- Loan Interest- Property Taxes- Insurance2) Investor Capital- Our financial projections are dependent on how fast we can turn our investors capital.

In all, when you invest in co-living properties, you have the opportunity to double, and depending on your location and how you structure your investment, potentially triple your income per month!

Where you pick will depend on your goals for cash flow and your budget to buy.

***depending on how far the house is from the coast, you mayalso be required to have a separate Wind or Hurricane deductible.

In my experience, 75% of the time, the tax payer doesn't have a large enough liability to justify the accelerated depreciation anyhow- depending on your income and tax bill, it might not matter at all.

@Ian Kibbe digging down the basement is pretty pricey and it depends on the existing footing and the state of the existing foundation.