That means that the land is 33% of the total lot value, so in my example, you allocate $50,000 to Land Value and $100,000 to Building Value.Fees to demo structures are added to the land basis.Fees to rebuild or fix structures are added to the building basis.Penalties and fees are a non-deductible expense (you never get a deduction for breaking the law), but any interest added to the account can be added to basis.Legal fees - this is a tough one.  

Instead of her using the money allocated towards finding a very cheap housing situation, she could give me enough to make a sizable down payment on a loan to get a property that is nice enough for me to rent out when she leaves.  

Because of that it is difficult to allocate time towards projects like fixes or flips.

They need to understand that you will be under a tight time frame and they need to be ready to allocate extra time and energy for you during the initial period to get your replacement under contract.2.

This total list size is based on the current maximum amount I can allocate to marketing each month consistently.Also, I'm considering using the equity filter (40-100%) for my list purchase today.

This puts me and seller on same side, "I like the property, let me see if I can get him to allocate a little more funds on this one."

You need to allocate based on some kind of justifiable ssystem.

How much funds are you allocating between the 4 for purchasing and how much reserves??

I have allocated a good budget for "Soft Costs" which I would put those fee's into.

When I talk to one now they say oh I have 4.7 stars in Detroit, I'm like not a single one is from a landlord.As for syndications, I've done all those allocations in 2022.