But when you are making most money from getting good real estate deals, the commission is really just cherry on top.

Unfortunately, this reassessment is unavoidable, so you’ll need to evaluate whether transferring the property is worth the potential tax increase.If a Transfer Is Not Feasible:If the potential property tax increase makes the transfer impractical, an alternative option is for your father-in-law to secure a Home Equity Line of Credit (HELOC) on the property.

You just need the right plan and the right people in your corner.A little background on me—I’m a real estate broker, investor, and developer out of Rochester, NY.

Keep a close eye on the actual cost of rehabs and make sure your remodel stays in line with comps in the area to ensure profitability.

Either you misunderstood what was said, or you are extremely likely to get yourself into all kinds of grief following that line of thinking.   

I don't see a reason to remove the new supports in the crawl space in the future and based on your picture, I don't think you would need to remove them to put in new floors.

Also, I am looking into leaning in on Section 8. 

I'm looking at duplexes right on bus lines downtown for under 300k.

If you're willing to move to Philly, I'm sure you can find similar success with even less $ out-of-pocket.All the best to you on your journey!

I am responding as a consumer not a STR owner we had one its lasted for us for exactly one tenant then we felt it was too much work for the return  on investment we do much better loaning money and buidling new homes than to worry about people goofing up our homes :)I do have some MTR you know fully furnished homes in Vegas and those are money makers for us top of the line tneants paying double the going rate for rent.