Still very close to CA but no state income tax, property taxes DO NOT reassess on the sale (4th lowest property taxes in the US), much more landlord friendly, diversified job growth, population growth, and Reno doesn't have as severe of weather in the summer as Vegas.

it’s a closed system and  no clue what’s happening behind the scenes.they have unpaid tax bills on their properties and they have taken loans on top to pay those bills because the property revenues can’t cover those bills for example this one https://www.lofty.ai/property_deal/4318-Clybourne-Ave_Clevel...

I don't mind cosmetic work but I'd likely avoid any huge (crawlspace, New HVAC, etc) type stuff.

Factor in the cost of property insurance and taxes, as these expenses can impact your cash flow.

Option 2: Purchase additional properties and build portfolio I know that there are some tax implications to no having the mortgage payment to consider.

My question to you guys is...would you go through a flip for 30K or less before taxes. 

If I was in financial distress and losing my home through foreclosure or tax delinquency, I would not want to deal with an enthusiastic newcomer trying to make money on my misfortune.

I want to hear from you about your experiences, challenges, and success stories when it comes to funding your fix and flip projects.Join me to:Share your insights on the best strategies for securing funding.Learn from fellow investors about their approaches to financing flips.Discuss common pitfalls to avoid when seeking funding.Connect with like-minded individuals who are passionate about real estate investing.PLEASE NO SELF- PROMOTIONS here – just an authentic space for investors to come together, learn from each other, and grow their networks.So, whether you're a hard money lender, a seasoned flipper, or someone just starting out, your voice matters in this discussion! 

We have a property we very much want to buy where the low utility/property tax bills would allow us to be able to thrive living in with our limited income, so we are hoping to sell immediately.

Whether or not you'll be able to lower your current living expenses by househacking will depend on:- the type of property- property taxes - which are relatively low in BK compared to other counties- down payment- projected incomeThat said, househacking in NYC is totally doable and most first-time househackers find success in located small multifamily properties (2-4 units) preferably with some sort of additional income potential (i.e.