Layer on the ability to invest the funds that otherwise would go towards the down payment and transactional costs and you likely come out ahead in such a short term horizon renting.

Just notify your lender of what you are planning on doing ahead of time.

There is some room for creativity here, but it takes careful planning and execution, and there is only so far you can push it before crossing the line from aggressive but legal to reckless and punishable.GROUP 2: Legitimate tax strategies, just not for the EOY to-do listForm an S-corporation.

I love how you’re already thinking ahead about the resale.

My advice is dont put so much down and instead buy a Primary and an investment rental all in one step.May sound crazy moving into a new state and also buying a rental but your already way a head of most investors. 

It was a tough moment, but it pushed me to focus on preparation and delivering my message with confidence. 

This problem has been building for a while now and appears to be coming to a head, not just with Blacktip, but with other Cape Coral area builders as well.

Could be some difficult times ahead. 

I feel like I might even come out ahead on the appraisal after the build is complete and walk away with my initial investment ?  

Hey Peter, thanks for the comment and the insight and you are absolutely correct about knowing what sells in your market, I see this happen with a lot of fix and flip projects that are just in the wrong areas, the investor gets the house for a good price however spends too much on repairs and adds a lot of luxury thinking that it will push the ARV significantly higher than the average in the area.