(Rental loss = repairs or renovations exceeding rental income) If you are a high earner, you generally want to get advice from a CPA that understands real estate income & taxes, but here's a few thoughts:1.

I understand the inventory pricing is a bit high

(Quality/location.).

If you did find a lender you should expect a 13-15% rate, and honestly that's probably not high enough.

Does anyone have a civil engineer recommendation for a high density community development project in Kansas City?

As someone new to selling property, I had expected to pay around $5k, so this figure seems quite high to me.Also, I've already scheduled to sign the closing documents on Monday, April, 8.

@Gladys Cepeda I highly recommend the Starting Out Forum or the First-Time Home Buyer Forum to read other people's similar questions and learn through the advice they received.

With borrowing rates as high as they are, it could be difficult to maximize income by 1031 exchanging into a rental that is both (a) financed, and (b) in an urban area where prices may still be close to 2023 peaks. 

Prices are at all time high and rates are near highest in past decade. 

Good luck with the project.It supposedly has a very high 'pigment count', seems really good.