$35K to rehab a 2019 built home.

Also, what are you main reasons for looking to STF in Rockford, not knocking the area by any means but there is so much opportunity within the city limits where you're less likely to have extended vacancies.Short term rentals have taken a beating this year, while long term rentals have seen an uptick in what they can charge due to high home prices, and inflated interest rates.

Can this be scaled to offset larger items?

We are super excited and in the process of purchasing a home to turn into residential assisted living space which our community desperately needs.

A recent Zillow survey showed that more than 4 out of 5 prospective home buyers consider climate risks as they shop.

He then sold the lots cheap to homebuyers, negotiated with a lender to provide mortgage financing, and teamed with a builder who would build simple, inexpensive homes.

How is the capital gain calculated if I live in the larger unit for 2 yrs? 

Understanding of home sellers needs, wants, desires, and motivations.  

A 4 bedroom unit would be in the $100K range.This means I'm looking for older homes in the older parts of the city.The buildings may be more rundown and need some extra maintenance but it makes it easier for me to get cashflow out of them.Your approach should always be to find deals, offer 15-20% under asking price, be prepared to negotiate, and lean on your team of experts for the heavy lifting. 

If you do not apply by today and you are going to use your home/cabin as an overnight rental, you will be required to bring it up to current building codes.