Property values can rise due to certain homes/locations being more attractive to buyers for VR purposes.  

Hi all ,I talked to a friend of my parents yesterday , who is long term investor .35 years ago he sold property in big city and bought a ton of places on small city Midwest , chasing cash flow .But now he regret , he wish he kept his property in big city because appreciation is crazy while his small town investment , even after paying off mortgage and after 30 years foxes etc still didn’t value much compare to 30 years.I just release might be we should not chasing the cash flow so much and buying to small Mideast Midwest towns.

Perhaps $2K or less if the contractor doesn't have to rip open walls or get into any tight spaces.So, if this were my project in a comparable area, this is what I'd budget:- $4K to replace furnace/condenser- $4K to replace all plumbing- $2K to replace all ductwork- Whatever the cost is to fix/replace the damaged sheetrock needed to get to the plumbing/ducts.If the Scope of Work is less, the cost should be as well...

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

The main thing is whether the locations and times are convenient.Just for planning purposes, the average time from shiny new license to your fist check is about 90 days.  

So complicated question...If me and my 2 partners set up an llc (declare to tax as pass through partnerships) for the sole purpose of flipping homes and assuming we each make a profit I’d 10k per year.

I would also look at what it would cost to do minor repairs to get you another 3-5 years, and compare that to what it would rent for.

The assessment value here is based on a municipal assessment that is used for taxation purposes.

She bought the home several years ago under a traditional mortgage, but pays a ridiculously high mortgage every month compared to how much the house rents for.Put in a simple matter, she's fed up with the situation and has my immediate family (We live in the same town as the property, while she's living far) managing the house.

One thing that I think trips people up is "purpose of loan" also determines LTV limit, not just occupancy.