@Joshua KohlThe short rule is: you can deduct something that would be deductible if the property was already in operation as a rental.

I short changed myself, lol, but a little money is better than no money.

In the past I've also seen a 6 month iteration of $150-$200 increase since it's so short.

Hello BP,My business partner and I are funding a short-term private lending deal.

They want the money owed them contractually and short of paying, they will foreclose.

I was a Realtor for a short while but needed to get a steady income and health benefits back when my wife and I both started realizing our health issues were very unstable.

The common phrase I've heard over the years is the best time to buy real estate "was 10 years ago".If you buy with cash flow and have financing that doesn't have a short-term balloon, you should be able to ride out any storm and be positive on the other side.

I'll be down there this weekend as well - see my post from yesterday, I was considering putting a meetup together but will be short on time with all the shenanigans going on this weekend. 

So questions to the veteran developers here:1) How do you do your numbers so quickly as to decide if a parcel/lot is worth putting an offer on in such a short amount of time?

This would definitely make it worthwhile to sell, because I was all-in for Duplex C for $165K, can perhaps sell for $185K after closing costs, and that would put me at $20K profit (which will be taxed, short-term ordinary income bracket).