Business is based in California but I’m licensed to operate in Texas, Ohio, and Alabama in addition to California.

Quote from @Derrick Roland II: "but based on my pre-approval"  This is the most important phrase of your post.Where did you get that pre-approval? 

We're based in Calgary, where there’s a lot of pre-construction happening, and we’re aiming to buy a pre-con property as our primary residence.As a first-time homebuyer, I’m weighing two options: 1.

But this is definitely a CPA question because the IRS rules are based on your AGI and phase out if your AGI is over $100k.

This is a passive way of earning with real estate-based security, protection and insurance.

If we price the home based on what they thought they could get for it, it will sit for weeks/months.

Located about 1/2 mile from the base of Sabino Canyon recreation area and Coronado National Forest, beautiful mountain views, cut-de-sac, very nice neighborhood.  

We consulted with a designer once, but saw it as no value based on what we had already done ourselves.

We’re based in Reno/Tahoe, so feel free to reach out if you’d ever want to chat. 

So pretty good equity position within a year plus cash flowing well based on a $325k purchase price.