Renting out the other 3 units while I renovated a unit allowed me to break even monthly during each of the two renovations. 1 of the units tested positive for meth when I was buying it enabling me to get a big discount and during due diligence I confirmed with a reputable company that it would be cost just $4,000 to completely remediate the methHolding it for two years allowed me to see a lot of appreciation & get the lower capital gains tax rate What made you interested in investing in this type of deal?

The nice thing is, you can open it up to only allow booking 1 month in advance if you’d like to test the waters.

I recently became interested in wholesale real estate as my entry point to real estate investing.I am testing different ways to find motivated sellers i.e. bandit signs, probate, and tax-delinquent lists.I reached out to one of the counties I am interested in finding wholesale deals and they sent me their tax delinquent list.

@Danny DelikatSoil testing costs between $150 to $500.

Its a test to see how you are going to handle them. 

You can assume 30% just as a test.

There is a ton of info on this site  https://eig.org/opportunityzon...One thing to research is the substantial improvement test.

@Todd PowellMight be an opportunity as long as you meet the two prong test: 750 hours in a real property trades or businesses in which you materially participate and have at least 5% equity, and more than half of your total personal services go to said real property trades or businesses. 

@Connie ChanRead these threads:https://www.biggerpockets.com/forums/51/topics/792277-how-to-test-your-cpas-technical-competencehttps://www.biggerpockets.com/forums/51/topics/690057-best-questions-when-vetting-a-cpahttps://www.biggerpockets.com/forums/51/topics/70447-questions-to-ask-a-cpahttps://www.biggerpockets.com/forums/51/topics/528033-must-ask-questions-when-interviewing-a-cpa

@Makenzi Capezza I suggest taking a spray bottle filled with water and lightly spraying a section of the wall and see if there are any small strips of paper that change color with the water or roll up in your fingers easily.