If you plan to sell it in the near future, I would focus more on the added value overall. 

Everybody is different, but the climate is tougher now as carriers begin to cull customers to eliminate unprofitable ones.  

Splitting the gift across multiple years may reduce immediate tax reporting but requires appraisals, legal documentation and proper structuring.If the house is highly appreciated, holding it for inheritance may be more tax-efficient because the recipient would receive a stepped-up basis to the FMV at the time of your passing, eliminating much of the capital gains tax liability.This post does not create a CPA-Client relationship.

Quote from @Jason Hathaway: I'm in the process of purchasing another home adding to my portfolio.

I would forgo altogether the decorative fence too. regarding the driveway & sidewalk I would recommend not adding a brick ribbon.

@Michelle Hardy Just adding, check your local city too for their requirements, many have specific requirements that the state may not have.Here in VT in the towns my properties are in, there is not a requirement to keep them separate or pay interest. 

In a way, I think the BRRRR process is really the process of "adding value" to a property and then pulling out that forced equity as much as you can.

@Felicia JenkinsAlso, Padsplit will want you to eliminate any dining room, den, etc to add more bedrooms. 

Quote from @Zalman Schurder: Hey guys,I am closing on my first fix and flip in Tamarac Florida.I am renovating the entire home, adding a full bath, new floors, a new kitchen etc.Where can I find ideas for current designs, colors, flooring, paint, and kitchen layout.Any general advice of what to do or steer clear of?

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