Thanks for the feedback Jon.Specs on home:purchase for: 415kclosing costs: 8.3krehab: 16kholding: 3.5ktotal project cost: 442.8kclosing on sell: 11.5krealtor costs: 29kARV: 575k (comps provided in his summary)potential profit: 92kCan you elaborate on your point #2?

I am currently planning on purchasing a piece of land and building a spec house on it to sell.

I can't really afford to pay capital gains on 1/2 the value when I'm not really selling the property and getting any funds..

Listings are selling for roughly 95% of their list price on average.

Bonus #2: if you send cards or do cold calling and use VA, have a script for people who are not looking to sell, but to buy more - those are also cash buyers often.

This was in the context of adding value when selling a property, and it got me thinking how this translates to LT rentals.I have a 3/2 single family LT rental in a C class neighborhood in the Charlotte, NC metro area.

This document helps you find the right local broker partner https://docs.google.com/document/d/1YRwDmuSRS6xMCMgD1CpNQjqT...You could also hire a consultant to help you complete due diligence on your property to help you identify the highest and best use of the property.

Originally she was going to be my realtor to sell the house. 

(If it will be easier to sell sooner in season.)

I welcome your feedback and appreciate any pointers in case plan to sell in 3-5 years in terms of value addition or turning into rental property,