They basically want me to find another house, do the same style/finishes and sell to them once complete.

Most of the demo has been completed, all windows replaced and the home was re leveled.

I've slowly been discussing the idea of investing to her and she's completely on board with investing, but she would rather do the comfortable option and use the profits to put into OUR next home.The way I see it, I have several options (probably more that I don't see as well)We could sell and use the entire profits to put into our next home.

We didn't know what we were getting into at the time, and now find ourselves having to complete a Management Improvement and Operating (MIO) Plan..

I grew up in rural Iowa and my impression (and it may be that I am completely incorrect) is that small town rural Iowa is declining in population as Agribusiness consolidates smaller family (and smaller corporate) farms.

I completely understand having a home with no equity and lots of cash flow, that sounds great.

Please keep in mind that it is not legal to simply stamp your design without the architect or engineer doing the research into the design and code requirements (not to say some shady people dont do this, but its still illegal)My guess is the costs would be something in the $1500-2500 range.Also keep in mind that not all home design software will be useful to the architects and engineers, same goes for the plan review department.

I feel like for a software that I have to pay more that does a better job, it would be completely worth it.

Since I started investing I have completed 4 rehabs, 3 in which I have refinanced and have kept as rentals, the other one I sold after its completion, and I have my biggest rehab project to date going on in Kenosha.

@Scott R. we just completed a reverse 1031 exchange with $2.3M in commercial property with Ashley at Lawyers.