Sometimes it is easier to split the profits and JV with someone if they can bring a valuable skill set to the table.

You will need to have a unique property to stand out.

You could consider it disposable but I am guess the costs to get it safe for habitation will really impact your decision.Regarding the house on stilts, if it is properly engineered it would be considered real property with a unique foundation.

I offered to bring an extra $5k to the table to help the seller out ($290k). 

Your property is beautiful, but you have priced yourself out of the market and your only amenity is a pool table.

Now that I'm a more experienced designer in real estate, I would love to customize my kitchen more with different materials, unique tile, and more unique pulls/knobs but having a large, clean kitchen was extremely appealing to me as a first-time buyer 4 years ago.

Because they have to make their distributions, they have to do the tax documents (k-1) and other costs for the cap table etc.

I don’t want any flags but don’t want to leave anything on the table For depreciation.Yes you can use reasonable comps.

@Andrew LawnLoan originators have a unique advantage in understanding financing strategies like flipping, house hacking, and rentals.

We currently have a pool table and foosball table for guests in first floor living space, but was thinking of adding a ping pong table in garage.