I have understood that you cannot 1031 flip income.

This would be tub bath walls as I understood.

The city voted down an effort to enact a form of rent control, but that was mostly because the effort wasn't truly going to fix the problem and the voters understood that.

I understood that you moved to Orlando... not from. lol.

Bill Gulley   You bet timber buyin and selling is the old west.. if the folks on BP understood it no one would even fool with buying crappy little houses.... they would all be running around the woods looking to buy timber..in the day we got the mill to loan us 100% of the money we needed to buy them thar logs from the farmer..

I had understood one could do up to three seller finance per year alone, but if you do more than three, you needed Licensed Mortgage Loan Originator.

If the current owner is living in one unit, just determine the rental value of that unit and do your normal valuation.I hope I understood the question but the way you mentioned seems to be the right way.

Making improvements, improve appearance, function, use and you add value.I suggest you study real estate, why and how RE is valuable, such basics when understood will help you see why and how things are done, looking at marketing systems or methods of moving properties won't teach real estate functions, responsibilities, value or the basis of legal aspects.

I never understood the phrase "if you do what you love you will never work another day of you life" until now.

Understood, and I thank you for this feedback.