Did as much work as I could learning from YouTube and hiring out for the bigger jobs like taking down a load bearing wall.

I take the W-9 to the bank with their deposit check and Chase sets up a free, interest bearing account which is in the tenant's name and controlled by me.

Given your inability to answer a simple question, the ad hominem allusions to my “privilege” and perceived lack of assets, and your invocation of your political leanings when they have no bearing whatsoever on the issue I see quite clearly now that I was wrong.

An asking price on MLS or anywhere else may bear no relationship whatsoever to the value or market price of the property.  

Storm ponds, storm sewer, property water flow, fire hydrants, utility access, sidewalks, soil compaction, driveway access, landscaping, facade requirements, fire suppression, fire walls or building separation distance, fencing, setbacks, required parking, outside lighting, epa, Corp engineers, grading/elevation, etc.  

Others, like where I am in NJ, only require that you put the deposit in an interest bearing account. 

In NJ, we only need to put it into an interest bearing account. 

Everything from the type of soil, cement, construction materials, and anything related to renovating will be relevant.

The mtg balance has no bearing on capital gain taxes you will owe.

Also, if cabin prices drop, that has no bearing on the ADR.