We let this slide but we expect the full size patio with no additional charge.

The profit on your flip will be taxed as ordinary business income at your ordinary income tax bracket rate.  

Vernon Triangle and NoMA, accessible to multiple metro stations, walkable to everything, has laundry, parking, a fenced patio and I feel its generally a pretty awesome unit.

It’s a flip.....taking more 12 months doesn’t make it capital gains, it’s ordinary income plus self employment ss/med taxes.

I know screening will take care of a lot of that but we are also are doing small, value-add and curb-appeal additions to attract them as well: we added a fence to the property and separated the yard and patio for each tenant to have their own private space.Would love your tips/tricks -- Any cheap upgrades that tenants love?

Looking for a 2/2 townhouse style with a balcony/patio.

They will pay tax on the interest of seller financing - interest income is considered ordinary income4.

This is a budget to account large expenses like an AC unit or a roof or a water heater - any large out of the ordinary expense that could catch you off guard - better to prepare for that before it happens.  

I tell you something out of ordinary!

The only exception were some newish patio homes where I paid about $240k and they rent for about $2,100 (though I get closer to $2,400 now).