The upside of that deduction seems unbelievable as it scales ad infinitum.

Sell then buy to brrrr seems like it is the way to go. 

Everything else seems pretty good!

(copy/pasting from other thread full disclosure - sorry always seems odd to me not doing original composition LOL)@Samia Moughanni - Hi Samia!

If budget is tight or space is limited, a traditional tank heater could be a more straightforward choice.

CRM Software with Customization OptionsCRM (Customer Relationship Management) software like Salesforce or Zoho CRM can be customized to track deal details, including financials, though it's not their primary function.Pros:Highly customizable and can be tailored to fit a wide range of data tracking needs.Good for managing relationships with lenders, partners, and tenants.Cons:Requires setup and possibly custom development, which can be costly.May be more complex than necessary for straightforward property management.Recommendation:The best choice depends on your specific needs:If you're comfortable with spreadsheets and have a relatively small portfolio, starting with Excel or Google Sheets might be the most cost-effective and straightforward approach.If financial management is your primary concern and you're willing to invest some time in setup, QuickBooks is a robust option.For a more comprehensive solution tailored to real estate investments, exploring specialized real estate investment software could provide the most benefits.If your operations involve significant relationship management and you need a highly customizable system, a CRM with customization might be the way to go.Before deciding, consider factors like cost, scalability, and the learning curve of new software.

Your setup seems pretty solid with the note purchase agreements, but it never hurts to explore new options.

I signed up for the pro account just now and there seems to be A LOT of information to digest.

Given the unique circumstances and the specific changes made to the property, offering the price the owner was asking before the remodel seems like a fair starting point. 

And, frankly, I wonder if some of these folks who get a bunch of property seemingly overnight don't have paranoia, fear, anxiety, and live with the very real possibility of bankruptcy if things outside of their control happen in the market or a couple of pieces of bad luck strike.