In addition depending on the lender the person losing the home could get a 1099c which would be treated as ordinary income.

I am looking to acquire raw land and develop it into an RV / microhome community, including construction of the homes.

. - If you can "pretend" to still be living in the property as a primary residence that will make getting a Home Equity Line of Credit much easier.How much equity do you have in the property?

Gain the skills to take on projects like revitalizing single-family homes, converting underutilized commercial spaces into profitable mixed-use properties, constructing small apartment complexes, or repurposing vacant lots into valuable community assets, all with the aim of strategically growing wealth within the community and for your family.As a Developer, you’ll also become a….Community Catalyst: Become a local real estate developer to transform your community, shaping its future and making a positive impact.Profit Center: Real estate development offers opportunities for financial growth, turning your investments into substantial returns.Creative Agent: Unleash your creativity and innovation in design, sustainability, and community-focused projects.Job Creator: Your projects create jobs, benefiting both the community and local residents.Legacy Builder: Develop a lasting legacy by creating buildings and spaces that leave a profound and enduring impact on your community for generations to come.Join the movement to reshape our community through local real estate development!

I have a single family home that we rehabbed and rented out in 2023.

Provided, however, where the tenancy involves only the rental of a space for a manufactured home as defined in G.S.143‑143.9(6), a notice to quit must be given at least 60 days before the end of the current rental period, regardless of the term of the tenancy. (1868‑9, c. 156, s. 9; Code, s. 1750; 1891, c. 227; Rev., s. 1984; C.S., s. 2354; 1985, c. 541; 2005‑291, s. 1.)

Some tips:1.

I understand the concept of it and know that the home will not appreciate as much & lease amount can increase etc. 

The renovations were completed efficiently, and we successfully sold the home for $270,000 on 01/10/2023.

You can make offers on 2-3-4 whatever number of houses, but don’t put down deposits on homes you don’t plan to buy.