Then no. 

If he kept the house, then your statement would be correct, because there is no immediate taxation of insurance payout.

There is no current tax on rental income and capital gains.

. $150k down, 5 year balloon, 8% interest, no inspections, repairs, or appraisal, $20k over asking, and most importantly.

If no agreement is reached, the project becomes ineligible for SB-423.

The units are all currently occupied right now, so we won't have to worry about the buyer's market right now haha.With the cash flow I will receive, it will be enough to take care of property taxes, insurance, and enough to save up for any emergiences with the unit that I will need to take care of, so no need to worry, I got you :)!

No, I've not invested with SCDC, and it's not likely I will without evidence they can do / have done what they've claimed on their web site.

.✅ Allows You to House Hack a Single-Family Home – No need to compete for pricey duplexes and triplexes!

@Jason Sinclair, having a designer for a wife, I would answer that it really depends heavily on each house, the flow and usability of the spaces as they are, and the overall use of space in the house as a whole.That being said, while there may be a small shift towards more separated spaces, "open concept" is by no means dead, and in many markets, most people seem to still want to have connectivity between their communal spaces.In fact, my wife's current flip is a split level (although technically it is a split-foyer), and she is taking out a structural wall to connect the kitchen, dining and living areas.  

No slowdown in demand in sight, but we shall see.