I worked as a firefighter so I got the building construction from that background and then the transaction and numbers I got with working within/alongside investors that were in the business doing the stuff I wanted to do.

The meters are rented and the monthly fee ($7.50) can be charged to the tenant on their statement. 

Of course I rode the wave from 2018 to 2024 with the west coast transplants during COVID and driving up prices in the area.  

They don't care about the 20 year old HVAC unit or a 10 year old roof.

For the son to qualify for the $250k exclusion, I believe he would most likely need to meet the ownership and use test, meaning he needs to own and live in the home as his primary residence for at least two of the last five years before the sale.

And this is a biggee wading through the fake lenders or the Joker brokers that tell you what you want to hear  but cant get the deals funded and you lose the deal and a lot of money.3. with actual PML  private people  usually have very limited funds so cant scale with them.. they can have a life event and just stop doing loans all together..

That person will be able to tell you what you can do and following that plan will give you peace of mind about your further investing strategy.

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