To maximize success, it’s essential to focus on standout design and thoughtful decor that really sets your property apart.

Essentially it's totally dependent on the terms/risks that the buyer and seller are comfortable with and everyone understands the transaction. 

You've essentially "saved" that tax difference.  

Many agents won’t analyze your numbers for you, so it’s essential to be creative and understand how to add value to a property or land.

I'd essentially have 2 units out of the garage.

However, there are other loans designed for fixer uppers referred to us hard money loans, bridge loans, or fix and flip loans but whatever you want to call them they're essentially short term, interest only loans with no prepayment penalties designed to finance a higher % of your purchase price and typically all of your renovations not to exceed a certain % of the ARV (typically 75% max). 

Actually, even the rent she would pay would be essentially a forced saving that would eventually come back to her.

From there you can start to identify what you are looking for.Where do you land on the follow spectrums:Cash flow and AppreciationLong term or Short term needs (waiting for growth vs get out of my W2 now)Long term rentals, Mid term rentals, Short term rentalsBuying close to home or coast to coastSelf manage or hire a PMIf you can narrow in on those, you essentially have your buy box. 

If a cost segregation study was performed, the accelerated depreciation may further reduce the property’s basis, potentially increasing taxable capital gains when sold.Depreciation recapture will occur when you sell the personal residence, so it’s essential to keep detailed records of all depreciation claimed while the property was used as a rental to ensure accurate tax reporting at that time.This post does not create a CPA-Client relationship.

Paying off a chunk of that 7.3% mortgage is essentially a guaranteed return at that interest rate.