Rehab budgets can go highDon't waste time listing for sale in a higher interest buyer's market.Should've rented sooner than trying to list for salePick the right agent to sell

A great time is worth every penny.

Basically, if you run it hands-on and spend significant time doing it - probably there is material participation and self-employment tax.As you can see, a generic yes/no answer is impossible for your question.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

@Daria B.The maximum allowable non-judicial foreclosure fee for Fannie Mae in Alabama is $1,900, as of January 1, 2023.Again does not include filing costs etc but assume $3,000We have foreclosed multiple times in Alabama - it’s an easy state to foreclose in.

Difference this time for me is hard money and wholesalers, it has been interesting. 

I find this discourse about cashflow OR appreciation an incredibly narrow way to look at the market.

Some times a tenant is willing to pay for changes. 

Last year at tax time he recommended me getting a bookkeeper due to the fact that I’ve got 25 units and am scaling rapidly.

@John Fong, you cannot exchange into improvements on property you own without an incredible amount of time, money and risk.