The answer will form around what work you are doing that requires permits.  

You can use this property to hedge any others that you add that may only cover themselves, or require supplement until they are paid off.HOWEVER, if you have decided that your goal is to use Real Estate as a stepping stone to build wealth by upgrading the property you hold each time (condo to house, house to 4-plex, 4-plex to 8 unit, etc) then I think you are right to sell now while you think the property is at the top of it's appreciation.It will be hard for anyone on BP to tell you what to do as we don't know your goal.You are right. 

And this might indeed require some time to pass before doing that.You could still create a single member LLC with either you or your wife as member. 

Actually, they took the dictionary definition and broke up each of the requirements as if they were different ways to invest.

You could also use a Fannie May Home style renovation loan which a conventional loan and require 5% down vs.

I'd still venture your online ads might be more beneficial, but NOT having physical signs means you're not getting the foot traffic. 

My main Partner is Chase because gives the biggest limits great when it comes to building a relationship and getting BLOCs and other things also would recommend local credit unions biggest thing you always need to figure is the banks Cap of what they are willing to lend until they need everything Chase for example is 150k Citizen Bank if in area a great one for Blocs only require bank statements to calculate how much you can qualify for.

You prpobably don't care about Ohio, but their requirements might be instructive.You can only file January 1 through March 31.

Passive investments require a lot less work to maintain although they do take considerable work on the front end to do appropriate due diligence (at least if you are a conservative investor).

Short-term rentals of non-owner-occupied properties will also require a special use variance which is obtainable by starting with the completion of an application in the Zoning Department."