In most places I'm sure you can draw a half mile or mile radius around a property for comparables, in Chicago crossing one street can be the difference of hundreds of thousands of dollars.

Don't draw things out.

LLC's have their place for larger corporate size investments, but they come with so many draw backs that I personally think for a residential property you are better off with to hold it in your personal name. 

Thank you how does the Rehab draws work.

I have also seen duplexes that are only separated by a roofed car port... so I'm curious where they draw the line. 

For Design & Materials: Gregory and I sketched the new floor plan design (mainly Gregory) and we had an architect formally draw up plans for us to submit to the city for permits. 

Having the dimensions, drawings, materials, pricing for materials, and how payment will be made.Just like any person working for you, they must be held accountable.

You can then go to you're PML and use them to fund the %10 which is $14,000.There will be other fees associated with Hard Money, such as origination fees, inspection fees for the draws for rehab funds, closing cost, and probably a few more minor fees as well.

Hi Corey,  I have not had to have a property rezoned, but for full construction drawings from an architect it has typically taken me several months for a single family residential, full gut remodel with addition. 

People who utilized cost segregation need to be very careful about the holding period of their investment so as to not convert capital transactions to ordinary income too quickly.Additionally, capital gains can only be offset by capital losses - RE Professional has nothing to do with that.I'm with you, I was just talking about lining up a sale with a subsequent purchase that has sufficient losses to cover over the sale's gains.