Ill swing by.

Also, depending on the hardwood flooring you can refinish it every so often up to a certain amount of times.Carpet is nice depending on what floor the apartment is located on as it transmits less sound, but they do hold smell and can get dirty quickly...The winner LVP.

My career is military pilot with national guard and at the 3 year mark Ill be a commercial pilot.

Hello Kerry,Welcome to BP and I hope that you find everything you need.I am in north carolina as well and new to REI also I truely love doing what We do and i am loving learning this business.I am not sure i can be of much help but if i can do anything ill be glad to.By the way my name is Jimmy Jones from New Bern NC

@Ashish Acharya excellent, thank you, Ill discuss further with my CPA but thankyou for the background info

Thanks, Ill work on that 

. - Renovate the house ($15-$20k) Ill do all the work myself with the help of a few friends.- Rent out the property ($900 per month)- Refinance the property - Use that money to build 3 tiny house cabins on the opposite end of the 2 acres.- List them on Airbnb for $115 a night- Ask renter if he would be interested in free rent in exchange for cleaning the Airbnb’s and other useful tasks.That last one would be icing on the cake.More info...Similar Airbnb’s in the same area charge $130 per night.Average Airbnb daily rate is $225Average occupancy rate is 58%A bit more info, sorry.New house value after renovations would be around $120kARV is about $95k, I would probably only pull out $60k to build the tiny homes.I also checked tiny house laws in the area and we are good to go.So what do you think, does this sound like a solid strategy?

love those stories hope u post your story and how u went about it.i am learning as well. i love learn different technique and strategy. flag gonna be breaking ground soon for a project. word is a data factoryou gonna master it sound like u gonna be a broker soon ill look  to lending from you    

I would have to get a traditional bank loan or ask him if he can do seller financing and ill pay him 10% down.

I know mine sounds looney to folks on here but ive said this before and ill say this again.12 months reserves75% of capex fixes(if full turnkey, 100% if more than 5yrs old/roof over 10, between if its between)2-4 Month lease time reserves(for turnkey, vacancy).General Cash(against all properties in a city.