If you keep it as a rental then after a couple of years you would be on the hook for any long term capital gains taxes the sale triggers.

One of the reasons that the city is probably being illusive with regards to the timeline is because it really does, truly depend on where the property is, what overlay districts you are in, which departments are triggered by the scope of work you are trying to do, and what your scope of work actually is.

It's typically triggered by a pretty significant loss, but doesn't always have to be. 

@John Dawson couple of random ideas:1) put the posts in deeper2) install motion-sensing floodlights3) Install VERY loud siren also triggered by motion-sensors.

I haven't pull the trigger on any property yet, but would definitely work with them when I do. 

I was searching for a rental investment for months this year, and nothing cash flowed well enough to pull the trigger.

Hey BP fam!I had been researching more affordable prospective cities outside mine (California). Using the lessons I learned on Steve Rozenberg’s video, I’ve settle on Pittsburgh, PA and it’s surrounding proximity. The...

You could sell the properties but then you trigger a taxable event with the sale.

This will then trigger for the Landmark Department to review the project, during which they may request additional information from you.

I am about to pull the trigger on a deal just like you would like to try.