Even at 20% Federal Capital Gains would be $80,000 plus any state and local taxes, and 25% Depreciation Recapture, if any.

Talking about a person or company who will bring in cash for down payments and floating capital between renovation draws.

Here's a shortcut to get you 80% of the way there: do a google search in your local market and check out the top 3-5 property management companies.

I was looking at out of state like Ohio or Pittsburg, PA but that causes some trepidation since I don’t know anything about those markets of know anyone there.

@Lucas Hunt50/50 is not uncommon - but also partners breaking up is also highly likely so what I would recommend is in the company operating agreement or in some type of agreement make sure you went through all the what ifs that could happen and how they would be resolvedIt’s a lot better to resolve them now versus when their is a dispute

Add in things about yourself to separate yourself from the big buy companies.

Leander, TX - I am looking at areas near the metro station and the new development "northline" due to job growth in the Austin metro area, influx of large companies, and decent schools, population increase 10% annual since 2020.

I immediately appealed and received a response from their appeals a few days later stating that my only recourse was to apply for a commissioners adjustment.

Hello, I have a rental property that is 100% paid off with no outstanding mortgage, and the property located in a northeast state.

Hello Bigger pockets glad to be here