This group really pushed me over the edge to NOT signing up with one of those coaching services and come here with my questions, so here goes.I really want to find a home in one of a few particular neighborhoods in the Poconos.

Does this “borrower” even own them any more?

It’s great to see someone excited about diving into this industry!

Purchase price: $365,000 Cash invested: $550,000 Bought and renoed a 1965 house into a modern farm house.

So JC might require a variance for this.  

This is a GREAT post and so true.

Well said Jordan, it's not as common in this market to have an ADU but there are some out there.

What are our options and what should we expect if we structure our llc prior to looking into lending options?

This is just the latest case study of how Government is incapable of improving housing affordability on its own.

FULL STOP  Your ability to make such a profit will depend on your ability to manage the asset better than the prior owner.As a seller, the broker should be helping you determine the price point, at that time, that attracts enough buyers to achieve an optimal sales price.