If you are going to put alot down it would work, or check their latest requirements.  

A lot of people are sitting tight in homes they bought from 2017-2022 so I would be curious if we'll see those people sell and move. 

I recently read a book that mentioned there being a lot of power and benefits of a personal corporation but I'm curious as to when a corporation is actually beneficial over the latter. 

I can see a lot of buyers getting the keys then driving off and never paying.. foolish foolish to be advocating that.

You would learn a lot from doing this deal.  

Thanks a lot 

In addition, you would need enough working capital to pay for insurance (which will be going up a LOT in Los Angeles) and to pay for property taxes.Don't buy this unless you have substantial resources and a cash cushion to keep yourself safe.

As someone who has house hacked many times and have helped others house hack, I would let you know there's a lot of pros and cons to this strategy!

My partner is also a project manager, so we are relatively confident we can run a successful renovation remotely from Long Island.Jaycee - There are not a lot of pictures or other informative metrics for me to 100% say yes.

Again, this is a conversation to have with your accountant to ensure the benefits would outweigh the costs.Another misconception is that there is little value in a cost segregation study for properties that do not have a lot of personal property in them or very little interior build out, such as industrial warehouses.