Purchase price: $840,000 Cash invested: $285,000 Sale price: $1,200,000Full renovation of all 4 units.

Currently in the planning stages, focusing on efficient renovations so we stay on schedule. 

This year we decided to sell and move money elsewhere, we are currently under contract for around our asking price of $900,000.

I was served a certified letter by one of the six tenants at a student rental house stating my lease was void because of violating  Wis.

Also, if you have significant equity in your current home, consider getting a HELOC or 2nd mortgage to pull cash out of the home for the new downpayment.

By the end of the rotation, I’ll have some say in where my company places me permanently, and I’d like to make an informed decision that aligns with my real estate goals.

Newer out of state investor who lives in VHCOL area (though used to live in TN) and thinking of buying a townhouse property for STR.

Our understanding is that if we designate the $60K as "OPTION CONSIDERATION" - these funds and the USE of these funds are NOT Taxable to the property seller UNTIL one of two things happen; # 1 the OPTION gets exercised, or # 2 the OPTION gets cancelled.

I am open to local primary residences for house hacking or out of state investment properties in high rent low house price markets.Thank you all for your help!

What should I have the realtor look for when he goes out to see the properties?