This could lower your resale value. 

If you gift a house, the fair market value (FMV) at the time of the gift applies to the lifetime gift limit—not the amount you purchased it for.

Rehab costs and ARV (After Repair Value) are key parts of evaluating deals, so it’s great that you’re diving into these concepts early.For rehab costs, creating a rough estimate starts with understanding the scope of work and local pricing for materials and labor. 

This is a reposting of a previous postI value Matt Scott's commitment to help me in with my success.

Then I would have to do a little digging on the signers.. so if you can do the digging on the signers to get to them that I can see would have value..

Find someone who's doing what it is you want to do in the market you want to do it in and bring them value to learn.

I'm looking to purchase my first property with my fiancé (both 25) with the goal being to establish our primary residence together, as well as giving me the opportunity to add equity/value via rehab before moving on and converting the property into a rental within a year or so to kickstart an investment portfolio.An interesting lead that recently came up is my parent's neighbor's house.

Also, providing value to others at a high level will pay off for you in the end if you stick with it.

We are still only in the beginning stages of this upswing as Windsor started far below intrinisic value as there was an excessive drop in prices from the 08 crises that lasted for a decade.Hope this helps!

The value generator in commercial is the lease or use of the building.