But they will still add to your basis and reduce your future tax bill.The alternative to this is to do a reverse improvement exchange where you make the improvements while the new property is under your control but owned by the QI who takes title to hold it for you. 

Preforeclosures and lease options aren't a good fit, unless you're willing to bring the note current, which nullifies one of the advantages of a lease option, that being controlling properties with minimal cash out of pocket. 

I just cancelled the loans... the flood insurance is just out of control.

Sellers are in control. 

Long term lease sounds good but I hate to get stuck into a situation that is beyond my control. 

I just recently decided to enter a new venture in the world of business and I chose to do hosting in Airbnb.

Consolidation - With Venture Capital and Private Equity firms committing funds to consolidate all service industries, the blitz to buy mom and pop PMC’s is on.

Since it is valued by its NOI that keeps the prices from going to out of control. 

However I see that if you can structure this deal correctly you can qualify for a long time capital gain.Tips to get capital gain treatment on the sale: A) If you have actual investment property and you are dealer: -Maintain separate book-Document intent to hold the property as investment property in Minutes or other document-Report expense as investment expense on tax return-Also use separate entities.Using controlled entity to get capital treatment on land:-it is important that the sales price reflect the property's actual FMV at the time of sale. the formalities of a sale must be observed.

if you have insufficient "self-control" (i.e. why there is this pedagogy to have many bank accounts and same with REI where you have percentages for capex, etc.), then you may need to have a separate account to "sweep" the money away.