If it's a tear down you'd be selling cheap.

I realize that's a scary proposition to drop your occupancy (I've gone through that myself recently) but also consider how much less work it is for fewer turnovers - so that's a bonus on top of higher revenue and less wear and tear on the property!

Prime and paint 3 bedrooms, $450.Remove texture from bedroom ceiling, skim coat, prime and paint, $250.Tear off old roof shingles and load into dump trailer, $600.Install walkway of paver bricks, $350.Pressure wash non-brick parts of exterior, $300.Etc, etc.So, after maybe five months, we had paid her about $11,000, and she went back home.Can/should I file as a "real estate professional"?

We jumped on an opportunity to purchase an investment property with an existing tear down quality structure, and closed in June of this year. 

Lots of people tear down and rebuild.

I wouldn't recommend converting a SFH into a duplex as you may face code issues in the future unless you are willing to tear down the walls you build.

Any movement from unattached platforms or devices will ultimately cut/tear through the roofing material.

Area is up and coming, lots of new construction, tearing down old buildings etc and it's 3 blocks from the major university here.

What if you tear down to the studs, paint the exterior purple, put in a sunken kitchen koi pond - seller has no control and value is down 20% more.

So street I grew up on has been rezoned, and needless to say my childhood home is getting torn down.Like any investor, I am deeply saddened because if anyone is going to tear down my childhood home and get rich building apartments, it should be me.