@Jorden Barnard I just finished building mine in Durham.

I struggle with podcasts because they show a slice but not usually a start-to-finish how-to and you could invest countless hours (like I did) listening to many podcasts to piece things together.

Trade some comfort for financial stability.Part of attaining financial success is being simultaneously optimistic and paranoid. 

Buyers expect premium finishes, so skimping on quality can hurt resale potential.

This is a passive opportunity for you to earn a high ROI with minimal involvement, as I manage the process from start to finish.

The first is that there's no consensus between tax professionals, and the second is that you will not like my personal interpretation.My interpretation is:Until the property is "placed in service" - everything goes into basis.Illustration.You buy a property July 1st.You finish rehab November 1st and put the property on the market.Your tenant moves in January 15th.The property was placed in service November 1st, and it does not matter that the tenant did not move in until the next year.Everything paid between July 1st and November 1st, including interest and utilities, goes into basis.

@Van Lam - I think your plan to finish rehab and then rent them out a higher market rents makes sense to do first.

In which I have just finished remodeling.

I am in the middle of finishing 2 flips there and have 2 long term Holds there as well. 

This isn't 2011-2013 days but many people are stuck in that time period STILL.As I finish my licensing study, I'm very grateful I chose this route as opposed to being a one trick pony.Wholesalers did themselves in by their method of operating.