Cosmetic fixer upper, potential to build $100K-$150K equity between 2024 and 2026 (assuming market stays exactly the same with no increase or decrease in market pricing).June 2026: Listing both properties for sale and (if they sell at desired price points) seeing potentially 300K-400K profit (Between both locations) that we would not need to pay capital gains tax on.In any case, my wife and I are looking into this as next investment, but wanted to put on this forum to see what you all think? 

Originally, I was listed as owner-builder on the renovation permit for Mechanical, Plumbing, and Building.

Note, my contact info is not listed as I could care less about generating traffic.

But online listings show there are thousands more out there — which seem to be unauthorized. 

OWNERSHIP:All three parties shall be listed on the property deed from the inception of this partnership.IN WITNESS WHEREOF, the Parties hereto have executed this Real Estate Partnership Agreement as of the effective date first above written.

etc.We use one lease and have names listed and/or on the lease. 

Keep in mind if you do get audited, your receipts from grocery stores, local entertainment, etc could substantiate your claim.

I had to not only list and promote but I had to protect the equity during the negotiations with the prospect buyers, coordinate the move out with the tenant, who was previous property manager and was exercising all her rights which tend to make the situation less than ideal for sellers/landlords.

It’s a sellers market - if someone want to sell the property - there is no need to sign shady contracts - every listing is going under contract within weeks.3.

So now the property is listed. my realtor is the listing agent.