The amount of air leakage and thermal conductance/resistance (insulation) is far more important to the size of the system (measured in tonnage).

I live on the Canadian side of Niagara but interested in investing in Buffalo and hoping to learn more about the market there and potentially find a JV partner.  

And if it is all business, then you should have an LLC credit card that is used for fuel, tires, oil changes, car washes, etc.At the end of the day, you need to talk to a CPA and potentially an attorney.  

@Winston Eastman let's try to objectively (and Logically) look at this.TURNKEYPros: 1) Everything should be done, so no major repairs for near future2) Can finance everything in one purchase loan3) Can also buy with tenant in placeCons:1) Usually paying market price2) Trusting that repairs were all done and done well, otherwise potential money pit3) Any tenant in place may be misrepresented to make the saleOWN REHABPros: 1) If done well, may have instant/forced equity2) You will know exactly what repairs done and how well they were done3) Can place your own tenant to your qualificationsCons:1) Rehab loans are expensive2) Can run into rehab surprises affecting budget (watch any HGTV flip show!)

The alternative I suppose would be to wait like other investors for those interest rates to fall, however, again I'm losing that appreciation potential if I do that.

But I'm unsure about the potential appraisal values.

I'm thinking you can use this code 541613 - Marketing Consulting Services: As your business utilizes marketing strategies to find motivated sellers and potential buyers, this code can reflect the marketing efforts you engage in to promote your properties.

Most potential renters who are searching are not on both VRBO and Airbnb.   

When you're looking at homes, target homes with no HOA, a backyard to add a pool, fully updated, game room potential, and close to popular attractions.

Ok, so let's examine a potential deal:Purchase: 175kRehab: 55kARV: 350kSo right away, I wanna take the ARV and multiply it by 72.5%.