Drink 1 gallon of water a day 2.

Plus you have a big honking parking lot which would be a great benefit to have people come after hours, get a drink and bite before going to a show.That being said. 

Regarding limitation of taxes upon selling, you'll need to make your expenses high (at least on paper), but if your plan is to purely sell it and cash out, then you're going to end up paying capital gains taxes.

@Sam BoothTrim trees (don't cut down), flowers or plants along walk way, paint door, river rock or some stone where bushes are, Dark mulch around tree, plant grass, drink a beer and call it a day.That said, I have no idea about the ARV in the neighborhood so that could be too much work...or too little.

@Dominique OsbornMaybe you know her and maybe you don't.Well now you do.She is the chassis, the wheels, the engine of our vehicle.I'm just the body (With a tonne of dents hehe)We started the company side by side in a crappy little shared office while eating table spoons of peanut butter for breakfast and drinking $1 gas station coffees just to survive.And hear we are today.A 2 time Inc 5000 company.Then, of course, there are other folks that I'm grateful for that look after our marketing, sales, acquisitions, rehabs, maintenance and so forth.

The Christmas party basically turns into an Irish Pub and people drink heavily. 

Cost is always a consideration, but since this isn't a pure investment, not looking at it as cash return, cost, value of improvements, etc. 

Don't fall into the hole of drinking a lot of alcohol.

You could use that equity to buy way more proprety that spit out cash flow as opposed to a single family which is purely an equity play. 

Couldn't have said it better myself mateThe pure fact that the poster is going out of their way to post about us is proof that we made the right decision.We "dodged a bullet" per se.I "touch" every investor inquiry because we keep our operation boutique and exclusive.7+ years later and 3,000+ investor calls, plus a thorough pre-screening process enables us to quickly make a decision if we are going to be a good fit.I have a detailed log in the CRM of basic questions asked that I won't reveal because I don't like dirty laundry being exposed.Plus my undies are Extra Large so I don't want anyone getting a complex heheheWe can sell houses to everyone until the cows come home but that's not the way we view our operation...It's not just about us but also making sure that we can deliver on the investors expectations.Do we sometimes make mistakes and turn down a potentially good fit?