He can't hand hold everyone to the end of a deal. 

Hi Hannah, CPAs can provide ongoing support and guidance throughout the year, not just during tax season.

I've sold properties to investors who hold portfolios and for lack of better word the properties are all trash and then I've dealt with some who have a well-oiled machine.

What information is required to support that you stayed in the property the required amount of nights and who do you provide this information to?

I am holding them to it!

But Flood insurance is required as primary ($2000 / yr)By the time I fix and sell the home (8-12 months estimated) and incur additional costs + holding vacant, and selling expense (SQUATTER RISK, <100 miles to MEX border), and then go back and recapture depreciation + Capital Gains... my TAKE HOME will be far less than the appraised market value. ~50% haircut.So... since all goes to charity in 15 - 20 yrs anyway... why not donate now and play those cards?

Investment Info:Single-family residence buy & hold investment.

We heard early on that Encore's values weren't holding and that there were issues there.

Regarding contractors ... it's best to use one that has been properly educated on the 203k and financially vetted ensuring their financials can support the requirements of the 203k.

Investment Info:Single-family residence buy & hold investment.