Without a professional inspection and a detailed quote from a contractor, that estimate could be far off once you get your hands dirty.

The snag that we may run into however is the zoning office requiring us to have 3 off-street parking spaces.

Or would it just piss you off? 

It also depends on if your itemized tax is higher than standard deduction for you to write off your real estate taxes...Bottom line, talk to your CPA on this since this seems more like a tax question than an asset protection question.

I am looking for a private lender to finance my rehab on an already owned, gutted property in a desirable neighborhood of the city (Upper Lawrenceville): demo complete, structural engineer sign-off, architect-approved design to move the stairs (which is not a small deal in Pittsburgh), and city permit.

I was checking on this one to see if it would be delivered vacant (yes) and they already have 20 offers. I bet the first are all cash in 3 days no contingencies. We have been successful here in the past here with 7 da...

You have to switch to long term loan and pay off the HML. 

My wife and I actually pulled this off here in Los Angeles County. 

I’m thinking I’m going to go with the BRRRR strategy to start off.

I learned after being presented with an off market deal.