You’ve joined a supportive and knowledgeable group, all here to learn from and help each other grow in real estate.

I would say 80% of homes at inspection have some evidence of insect or rodent droppings somewhere.The way I am reading what you are writing is that this is not a mold problem.

into another property to avoid the federal capital gains tax? 

Thank you for any help or feedback!

I’m trying to get a better understanding of the unlevered IRR hurdles SFR / BTR investors have for value-add improvements.By "value-add improvements" I’m referring to upgrades made to a property that increase rent or purchase value, often including kitchen remodels, bathroom updates, solar and other energy efficiency improvements, fresh paint, a new garage door, finishing a basement, adding a deck, and updating flooring, to name a few.I’ve been hearing a lot of different reactions to this question the last few months.

What are some of the challenges an owner would have accepting this type of deal.  

I spent considerable time pulling comps and estimating fair market value, but given the unique features of this property, it was challenging to reach a confident valuation.

Any advice on the steps to do this is appreciated.

@Jerry ZhangYou cannotYou can give a personal guarantee but then you would have to have other assets.What could happen and we have seen many times is they go into default and the 20% equity cushion goes out the window due to late fees, accrued interest and legal costs.

This is because so much new multi family supply has come online.