For example, FHA loans allow for a really low down payment where others required a lot more. - It really is personal preference - everyone has their own "this is the best market."

Most jurisdictions require a GC if you're not the owner, and on a new build you'll need someone to be there for inspections, etc. which if you're flipping without a permit you probably haven't encountered that.

This is good for economy and spending but bad for housing affordability because that many more people add to the housing requirements. 

San Diego has some spotty regs here and there plus it requires a permit of which there are waiting lists.https://www.sandiego.gov/treasurer/short-term-residential-oc...Check the address against the zoning and read those regs to make sure you can do it at that location.

Open to developing the land myself, but in most cases that would require finding a partner, so I'm prioritizing zero-to-low cost options.Recent fee appraisal puts value around $140k.

I imagine that requires skill and experience.

If I choose no, it says "Since you didn't try to rent the property at all in 2023, it's not considered a rental" and to delete the property from my return.From what I can find, IRS Publication 527 does not mention advertising/trying to rent the property as a requirement.

He was considering my house a remodel even though I stated everything in the home is original and that I was only repairing damage from the foundation and making some minor updatesHe required that I get an electrical permit for 5 new lights I had an electrician run for me.

Submit offers and negotiate terms with sellers, being prepared to walk away if the deal doesn't meet your requirements.

Looks like a fixer upper and requires extensive improvements.ill check it out, but my guess is it will exceed what im looking for