While the acquisition was being processed, I ran an ad advertising a $75,000 home for $60,000 and no money down.

We have an opportunity to pick up a lot and are wondering if it's cheaper to just buy a duplex/4plex that is already built and fix it up instead of building one from scratch with the current  construction costs being so high. 

Schools: Midlothian is ranked high Average 8/7- competitive | Toano- 6Cost of living the same. 

Lots to unpack here; Insurance quotes I have seen for myself (33 years old, healthy man, single) was high 300's for a decent policy.

With high competition in the Lehigh Valley, I'm considering branching out a bit. 

., well I guess you need to ask yourself is it less work to clean up after guests in the off season than high season?

Maybe if it was new construction you could pull plans online from permit but highly unlikely.

Real estate continues to be high where I am located and when I calculate the mortgage payment with 20% - 25% down, it only breaks even with the rent I could collect. 

This may inherently allow an allowable offset of PAL, when ordinarily the cost seg depreciation would be subject to some possible suspensions.Three things to be HIGHLY aware of if one pursues this route.One - he did note he has $0 of tax basis in the S-Corp. 

The cities here in Coachella Valley must employ some high-tech IT peeps because they troll for bad actors, find them with AI and other tools, and fine them $5,000.