This is just a brief post to give some insight into the local maintenance costs in the Metro Detroit area. 

.- Is the primary reason for the live in flip 2 year plan to not pay the gains? 

I own two properties there, but insurance costs have skyrocketed.Lately, securing home insurance has become increasingly challenging due to the high risk of hurricanes, flooding, and other factors.

The reason why?

I wouldn't want to install solar panels in my rentals for various reasons. 1. costly2. maintenanceAll the best! 

We're currently working on a live-in flip and for a few reasons, we're planning to refinance sooner than planned.

Reason I ask is because after buying the lot, the seller was also a builder and mentioned he could sell me his plans and connect me with his Architect.3.

While it will not reduce the actual cost it will help with the monthly cash flow.I am curious if this was a single-family house converted into a double.

That means about $30,000 to $50,000 plus closing costs for 20% down, which is roughly where your budget’s at.Any thoughts?

We had to enter in holding costs, holding time (time value of the money), ARVs, rehab costs, a contingency reserve (a little extra to cover unforseen stuff), a reasonable profit margin, etc to get to a "Strike Price" as we call it.