Hope this helps!

Purchase price: $47,000 Cash invested: $7,000 Sale price: $85,000 This acquisition was especially sentimental to me because I have so many childhood memories on this street.

You can do this simply by changing your bedding colors and the colors of accent items like throw pillows and towels. 

@Taylor RobertsonSome buyer agreements include language for situations like this.

yes this is/was a perspective like question, so thanks for asking.

I haven't had a CPA push back on this before. 

Hey @Devon Moore not sure where or why you'd lean towards a land lease unless that's standard for this developer.In my experience its difficult to capitalize deals with ground leases involved.  

From a real estate/landlord perspective what does this do besides take money out of my pocket?

You can even use some of the equity from this property to reduce the down payment burden on your next home without "throwing away" the value you've built.

Another thing about most suburbs is that the property taxes can be brutal which needs to be factored in to your analysis.The biggest thing is where ever you buy, you need to feel comfortable living in AND upon move out, the property needs to cash flow.