On-site evaluations allow you to examine the property's condition, identify potential difficulties, and precisely estimate renovation costs.

New to RE investing and learning about different financing options to fuel my flipping business.

taxes/insurance costs?

If you could renovate and split off an ADU or even apply to turn it into a duplex or triplex (although that will cost plenty of money with new kitchens, utilities, etc.) that could very well be worth it.

It's meant to confuse you what if you just keep things simple and focus on the fundamentals of running your business.   

Potential Solution: is cosign with a close family member to alleviate payment issues.2) Wanting to close her storefront and run the business in our house.

ADU rents for $1,600/mo with an all-in cost of $25,000 to complete renovations.

if so, about how much does that cost to initiate (ballpark)? 

These areas have much more active management of properties with more collection issues, more turnover costs, more vacancy, etc. 

Hi Luke, an education expense is a deductible business expense only if you get the education while your working in a business with a profit motive.