Curious if anyone has had any success at performing wholesale deals in Muskegon MI.

You need to invest significant capital into improvements to get the tax deferred benefits, but you'll have to see what the building is zoned for, in order to give yourself more options.You could create a shared work-space, if managed well, can generate a lot of revenue.Again see what the zoning allows for, but you could lease to a cafe or the like.

Adjusted basis is purchase price plus improvements minus depreciation.If you plan to rent the property, you will not be able to exclude the gain from depreciation recapture.Please note that payoff amount has little to do with what the basis of the property is.

The property was pretty much turnkey so I haven't had to do any substantial improvements.

Even if they don't meet their estimated 13,000 direct hire jobs @ $56000 a year plus benefits, plus 7,000 supplier jobs, half that many jobs in Racine will make a huge improvement in the local economy.     

My Listing:Rent: $1,375Sq Ft: 948Makeup: 2/2; very large backyardMid-high level rehab (stainless appliances, refinished cabinets and countertops, laminate throughout, updated fixtures)Listing Channels:My listing can be found  here on zillow.It has been posted for 11 daysThe channels:ZillowRealtor.comTruliaHotpadsApartments.comCraigslistFacebookForrentListing Performance:20+ leads on Facebook19+ - no responses to request for pre-screen call1 qualified - did not show up to showing time2 leads on Craiglist2 qualified - both interested, but did not meet timeline1 lead on realtor.com No response to request for pre-screen call8 views on zillow.com - ranking 2/8 in zip codeNo applications yetMy questions:Should I take better photos?

My oppinion is big advantage to delinquent taxpayer because it is more options available for making money renting and preservation improvements in the first 3 years under the old Alabama procedure.

They might look good on paper, but rarely perform for the out of state, hands off investor.

We willcoordinate as much as possible with the electrician to meet your expectations for a finished project according toyour plans/ scope of work, however ultimately the final responsibility of that individual performance is that of theproperty owner.6.

What kind of verification/vetting did you perform?