Also work on getting a profile picture so people are more willing to help a face rather than the deeded grey faceless avatar!  

I was thinking of getting a cost segregation done to place a value on the infrastructure and improvements, and then add that to the tax appraised land value to determine my basis.

Purchase: $300kFMV: $550k Tax Appraisal Land Value: $253kThe issue becomes that usually the improvements (road, signs, fence, dumpsters, electrical, water/sewer, lots, etc) usually run 60-75% of value of the investment and thus is depreciated but with the land value on this about equating to purchase price, I’m missing out on this write off.

It also has room for improvement in forced appreciation as well as income.View report *This link comes directly from our calculators, based on information input by the member who posted.

Get a job in finance to improve your ability to get financed. 

When you apply you can say I want to do some improvements around the house, go on a big vacation... 

At the same time  what is the cost of the repairs and/ or improvement, how long will it take, how long will the unit be empty with no income and can you absorb the vacant units financially. 

I am in Washington State. I am going to start wholesaling homes. This is my strategy. Please let me know if you have tried anything and if you have any suggestions. To find cash buyers:Ask title company for a list of ...

You need to invest significant capital into improvements to get the tax deferred benefits, but you'll have to see what the building is zoned for, in order to give yourself more options.You could create a shared work-space, if managed well, can generate a lot of revenue.Again see what the zoning allows for, but you could lease to a cafe or the like.

Adjusted basis is purchase price plus improvements minus depreciation.If you plan to rent the property, you will not be able to exclude the gain from depreciation recapture.Please note that payoff amount has little to do with what the basis of the property is.