The details are controlled by Section 483 of the Internal Revenue Code.https://www.law.cornell.edu/uscode/text/26/483Some bloggers, YouTubers, gurus etc. mistakenly refer to two other sections of the tax code, so let me address this confusion.Section 7872, also described in IRS Publication 550 as "below-market loans."

My goal would be to make a higher return in the next 5-7 years, lock in current market prices, avoid some selling fees, and free up more cash right now for an opportunity that I have an eye on that looks more profitable.

Highlights and AdvantagesNew Roof: Installed 4 months ago.Potential to Add Value: Through strategic renovations including adding a full bathroom and bedroom.Attractive Market: High demand for updated properties in Hixson, TN.9.

Super excited and definitely wanted to learn more and do more in this market! 

Of particular interest are: Multi-Family Complexes, Medical & Industrial Parks, Warehouse & Storage Facilities, RV & Mobile Home Parks, Sale and Triple NNN lease backs, Agricultural and Timber investments. 

We just (re)developed similar technology for our Market Finder.

Should I just go back to getting the property rented out completely and then market it for sale?

The buyer will agree to pay some monthly amount higher than the market rent, to offset the cost of the property when the purchase happens.

Also, avoid issues with city and S8 inspections.3) Marketing Impact - a purple bedroom doesn't need painting, but usually has to be done to attract a tenant.4) Miscellaneous - anything that doesn't meet one of the above criteria.By logically breaking these down for our owner clients, we help them make better decisions on "repairing to their budget" and avoid over-repairing or being a slumlord.Suggest you use this approach with your PMC to address the $22k bid.Lstly, how many bids did your PMC send you regarding the $2k pest treatments?

I primarily handle the marketing and rates, as marketing and hotel management are part of my background.