Ask your MLO to give you presentation so you have right decision.

These types of properties usually have quite a bit of deferred maintenance as well. 

Purchase price: $350,000 Cash invested: $70,000 SFH with tons of deferred updates and zoned for an additional dwelling unit (ADU).

Purchase price: $350,000 Cash invested: $70,000 SFH with tons of deferred updates and zoned for an additional dwelling unit (ADU).

During showings with an agent present applicants already turn everything on and finger $%&* everything... with an agent present.

Hi, I am looking for resources on HML presentations.

On the Seller's Disclosure Notice, the seller marked:YES for present flood insurance coverage (handwritten note: but property is not in a flood zone)YES for located wholly/partly in a 100-year floodplain (handwritten note: (1) have paid insurance for (10) years for 100 year flood plain. (2) Just recently found out property is not in the 100 year flood plain.)Under the Notes section on the Survey:According to F.E.M.A.

Your agent should do a good job of combing the MLS and presenting you with deals but i would suggest trying to get to that seller before they list.

Hi @Shafi Noss,I'm not a CPA, but my understanding is the appreciation realized on sale of a property are capital gains that are passed through to the LPs and subject to the same capital gains treatment as stock sale gains (as an example).One other thing to keep in mind is that any depreciation realized during the investment (including the accelerated depreciation we all love so much) is deferred, and will be used to lower your tax basis which can also increase the capital gains you show (unless you're rolling into a 1031, of course).Hope that helps.

I suspect the markup would not be very high, given the roughed-in status, but I want to present something that is fair, but also not leave $ on the table.Thanks in advance for any guidance.