You may be able to appeal your new assessment on the house to get it reduced for future years.

I'm a mom of 3, I'm on dialysis and I just need to try to help my family get ahead in life and I know RE would help in such a huge way.

How can we reduce our risk and ensure the job is done right?

Purchase price: $63,000 Cash invested: $70,000 Sale price: $215,000 Project Overview:A E Talley Construction LLC is embarking on a single-family flip project in a traditional row house located in Philadelphia. https://youtu.be/BXD5TU2VCsA?

Any pointers on how should I run numbers to compare two cases.Case 1:  Rent home A, Buy Home B @7.5%, with potential refinance at 3.5-4% ( ifff thats feasible ) after 2 years, once the rates are down. ( i know high hopes , but I dont think 7.5% is the new normal ).Case 2: Sell the home, get equity out, pay the whole equity ( dont know if thats wise ) towards downpayment of home B, reducing loan amount to approx 320k. 

I do buy and hold single families for cash flow and tax benefits.

Being a college student, you could house hack a single family if you wanted to have roommates, or you could house hack a multi-family. 

There is no time cap on the $1M mark.I have immersed myself in many educational materials over the years and plan to continue doing so wrt multi-family RE investing.

Investment Info:Single-family residence fix & flip investment.

In my opinion however if I have to worry about the tenant tamping (on what could be a locked box) to reduce their <$200 power bill, I probably have bigger tenant problems.