If you want a high occupancy rate, we could easily be in the 90% range here in Columbus (with lower prices).

I would highly suggest that your father be present with the prospective applicants. 

Since the the housing market has appreciated so rapidly over the last few years, the wholesale business margins have gotten very thin and will continue to get thinner within the next year or two.If you want to start wholesaling properties with a lot of meat on the bone (profits), I would suggest looking East and Inland towards some of the areas where the affordable housing has shifted to such as Inland Empire, High Desert, Coachella Valley and any other markets that always tend to ride on the coattails of the Metro markets such as Los Angeles. 

These rules restrict the amount of passive activity losses that can be deducted against other income for taxpayers with high incomes.Form 8582 is used to calculate and report passive activity losses and credits.

I highly recommend you to learn as much as you can via their recorded videos and/or live event. 

Wyoming is building a nuclear power plant in a town of 2,400. https://energycommunities.gov/terrapower-nuclear-plant-wyomi...Cheyenne is under consideration for a company that will produce portable nuclear power plants the size of a semi that can power 750 homes for five years. https://cowboystatedaily.com/2024/03/15/wyoming-a-finalist-f...Wheatland, Wyoming (population 2,500) recently announced a rare earth mine that could possibly turn Wyoming into the largest producer of rare minerals in the world, knocking China out of the running. https://americanrareearths.com.au/cowboy-state-daily-rare-ea...There are opportunities around the country to get ahead of growth.

@Minho LeeA couple of things to consider, if you are looking at Shrewsbury, Grafton Worcester etc, These are pretty high growth markets from what I understand although I'm not in that market I just have family there. 

They're not expecting a highly sharpened number on the first go, just a show of seriousness.

For example: If I bought a house for $200K, and the quote to construct the very same house in the same location is $300K, then the value of improvements should be considerably high ($200K) and the value of the land be considered negligible (closer to 0).Of course this helps depreciate more improvements in the life of the property, but I would like to hear your thoughts on whether this logic would hold up with IRS in the event of an audit.What do you think?

@Haylee Moore I highly recommend Jake Trimble with Brightway Insurance.