In my opinion, since the tax code is open to interpretation, I interpret as much of my costs as repairs unless something obviously falls into the definition of asset.

I BELIEVE this credit would be treated just like covering buyer’s closing costs. 

How much does it cost to buy down rate per %?

Quote from @Michael Daniel: @Jaycee Greene these are low income areas however there's a lil room for rent increase but not much. 

The biggest challenge is to find one to purchase at a reasonable cost. 

I don't know any builders here, so I am wondering a few things: - Does anyone have a builder that would be interested in doing a single infill project (there is another infill lot going up on the street, might try and connect with them) - I am in between paying for it myself with cash during construction (maybe the home will cost 150-200k to build?)

We’re looking to increase our lifestyle through the decrease in housing and built a little passive income medium term. 

The shorter the prepayment term has an impact on increasing the rate.4.

It's very common for buyers to get nervous about sewer line issues due to how costly the repairs can get.  

Are there any hidden costs or legal issues I need to consider?