—and work with an accountant to make sure everything is properly documented.As long as your primary goal is to sell the property after renovating, your profits won’t be taxed like long-term rental income.

I live in Sunny Arizona and has owned solar panels for years (full cash purchase) for 2 of my primary homes.

Our primary defense against this in C-class housing is to rely on deadbolts for entry doors. 

@JD Martin it will , because I can than get a primary residence without the car debt showing up on my debt to income

After reading through nyc.govs lengthy explanation on M1 zoning laws, I am still trying to figure out if we can do this or not.

See, in SFR (1-4 unit) the primary driver to valuations is comp's, market sale comparable, what so-n-so sold there place for last week/month etc.. 

I believe you have to make that your primary residence for at least two years before moving to the next one. 

@Frank ThomasA few clarifying questions:Do you plan to live in it as a primary residence?

I'm applying for a HELOC on my rehabbed house in Detroit (primary).

But her primary point, that there is plenty of money to be made investing in her high-priced area, is extremely valid.