My main goal from this endeavor was to keep an invaluable asset (the house and land) in the family to create trans-generational wealth for my family. 

You just have to be able to find or create them. 

Created as part of the 2017 federal tax reform package (Tax Cuts and Jobs Act), the program affords Governor Sandoval the ability to nominate up to 61 census tracts in Nevada to be part of an "Opportunity Zone."

Many are selling to avoid this which is creating a small pocket of increased DOM with decreased values... and buyers are willing to eat 40-60% of the fee as they can put it on their tax bill for 10 years. 

Hi All,I have recently created a new LLC in TN for the purpose of Real Estate Investing and the LLC has 3 members (33.3% each) including myself and 2 foreign investors from the UK.

Create a scope of work for the 10k budget to try to stay on budget and identify possible ways to save money for your project.

-Forgot to mention that the refi into a VA loan will also create the VA funding fee, which is 3.3% of the purchase price for a second home. 

Tips: https://www.biggerpockets.com/blogs/10145/72118-sy...Bes sure you know what you are doing, stay conservative, under promise and over deliver, create relationships and understand the amount of money you are able to raise prior to putting a deal under contract. 

Rochester MN, home of the Mayo Clinic, is getting a $6 Billion investment to create a "Destination Medical Center."

I subscribe to the philosophy of not creating artificial vacancy.