I plan to visit soon, but haven’t been there yet.  

You will receive most if not all your benefit in year 1.Year 1 is where you will spend money furnishing the house and potentially taking bonus depreciation via cost segregation study.Year 2 and onwards, assuming you got a performing asset is where things will reverse tax wise and you will likely be reporting positive taxable income.

Despite these challenges, the successful sale at $369,000 highlighted the importance of strategic planning, efficient management, and strong partnerships in maximizing profitability in real estate investments.

I am currently under contract on some commercial land near Houston with plans to develop flex space and have a call set with Hamza's team for 2 days from now.

The ADU will be a 2/1 and 1,000 sq ft.We plan to rent the ADU as a short-term rental and expect to get $4,000 - $5,000 gross/month.

Upstairs tenant is in the reserves and has been there for a year and a half and has no plans to move.

You plan to later demolish the property and rebuild it.

Don't accept any offers of a payment plan or other nonsense.

Real estate prices and construction costs vary significantly by location, thus, it could make sense depending on the market your planning on building in. 

The original plan was to be 100% commission, based on metrics like net profit after the flip is sold, size ($) of the remodel, finishing on-time and under-budget, etc.Meeting our average profit per flip and doing 24 / year, our PM has the potential to make around $72,000 / year.