However, I have a friend who just became a realtor and I'm big on supporting friends and their endeavors so I am supporting her.The homes within a 1 mile radius that are comparable to the home I just flipped and am about to put on the market are selling for the price I want to list mine as.

Heat is but a/c is notFollow the rules exactly as required in the property code before taking any action Send a certified letter requesting repairs and demand they be completed in 7 daysIf they are not completed, you can make the repairs and deduct from the rent or move to terminate the lease

There are additional rules for holding it less than 5 years (100% deferred gain recognition), 5-7 years (90% deferred gain recognition), and > 7 years (85% deferred gain recognition).- Any depreciation taken on the investment in the OZ is permanently saved and NOT recaptured if held for 10+ years.

I plan to improve and stabilize it, increase rents, get some cash flow, then sell for a little profit in a year or so if the market supports it

There are rules."

An economic anchor is something that supports the local economy and is not going anywhere even during an economic downturn.Question: Can a hospital located in or near your desired market be an economic anchor even if it is not one of the top employers of the county that your desired market is located in?

An economic anchor is something that supports the local economy and is not going anywhere even during an economic downturn.Question: How many students have to be enrolled in a university for that university to be considered an economic anchor?

An economic anchor is something that supports the local economy and is not going anywhere even during an economic downturn.Question: Hypothetically speaking, if the average commute to work of residents who live in a desired market is 25 minutes and a major university or hospital is 23 minutes away, but is located in the next town over... can the hospital or university still be considered an economic anchor?

The court ruled to evict them but they appealed and I just found out that they had to pay a rent bond to the court when they appealed (they have since moved out and I have sold the house).

They make the rules.