However you want to rehab and upgrade this unit, so you might choose to fish add a new breaker (circuit) and fish a wire to that room and add an outlet.

There are many duplexes and multi-family existing housing available to choose from. 

If they don't approve the project, all the time and money spent chasing it yields no return.3) Market Risk: The market can change during the entitlement process, which can also work in your favor like it did for many Developers in 2021.That's why knowing your municipality, understanding their processes, and making wise decisions in selecting which projects to pursue are crucial.Success in development requires choosing the right projects that 1) meet your criteria and 2) have a promising path to approval.The good thing is that this risk is compensated by having a higher return.

There are a handful of gulf front complexes that still cash flow positively but you need to be very careful as to which complex you choose as not all complexes and especially HOA's are created or managed equally. 

I don't have airdna, but i did come across one that similar tool that showed these stats for free, and even showed some of the houses people were trying to sell exclusively on these platforms.

Save them all..if you ever decide to do a campaign of your own, you will have good examples to choose from.

If the landlord's lease with the other tenant provides that tenant the exclusive right to sell certain products or services at that location the landlord might have put themselves in a bad position.

They would choose a small profit over a bigger loss.

So here it isCash price:  $556,000Owner financing market terms:  $611,111Owner financing favorable buyer terms: $666,667Classic mistake of (1) not accounting for all expenses that determine cap rate and hence ending with higher net income and (2) choosing lower cap rate appropriate for property with less risk and more desirability than subject property   It's not a sellable business.

Can I choose to pay half of the deferred capital gain with the 2025 tax return and half with the 2026 return given that I would capture the 10% exclusion of capital gain with the 2025 tax return and won't be able to capture more before the deadline of Dec 2026 (unless congress decides otherwise).