Then when the construction is close to finished you complete the sale of your old property and use the proceeds to purchase the complete house within normal 1031 timelines.Or1.

Some of the differences with SFR that make them less valuable than otherwise similar comps are location on a busy street, smaller lot, bad condition, structural defects, higher tax area, different school zones, different deed restrictions, access to main roads, rush hour traffic, obsolete or unpopular architectural style, inferior finishes, time since remodeling, age of roof, flooring, and others too numerous to mention.To get the discount to fit your formula, you’d probably need to find a house needing significantly more than $15k of work.

@Greg H. any idea how to finish the edges of these?

I'm in construction and mainly focus on interior renos and finishings. 

Hi Everyone,I am just finishing up my first BRRRR/House Hack, a two family which I occupy one unit and the tenant pays the mortgage) and while I made my share of mistakes it worked out great and I'm ready for my next!

If it tells us to finish re-positioning and sell TK - we do that.

Houses with enough space to park a boat... larger patios with basic outdoor kitchens to clean and cook the days catch.

We plan to pass this piece on along with the rest of our ranch to the next generation as soon as we finish paying it off aggressively.

We plan to pass this piece on along with the rest of our ranch to the next generation as soon as we finish paying it off aggressively.

They finished the roof and we found a masonry company to come out and tear down the old chimney and put up a new one, (with the help of homeowners insurance).