full gut, complete remodel from top to bottom, new kitchen, refinished floors, lots, deck, etc...

I use my s-corp for actively earned income only like management, consulting, repairs/maintenance/cleaning, wholesaling, lending, etc but it owns NOTHING.   

I knew it needed lots of interior work, kitchen, bath cabinet, floors, broken windows, plus roof and trees falling in the yard--major huge trees. 

I've painted and laid new floors in the common areas. 

No biggie we'll clean and clear it.While talking with the neighbors about possibly splitting fence repair she said that they have seen 3 tenants come and go all due to mold issues.

I'm going to discuss with my family this weekend but i may offer what is left on the loan (not sure exactly how much is left but he lived there for 20 years before passing away) and tell them i will take care of cleaning out the property and they don't have to worry about it.

Hi everyone,My dad, brother, and I bought a two family home and have every intention with moving into the 2nd floor within 60 days of closing.

So far this home has needed roof work, joist work, new HVAC unit, flooring, paint, counters, and more.

Thus, the units were super clean and was easy to manage.  

So I started looking and within 2 months bought my first Short Term rental that I manage myself over airbnb and have a team to work the cleanings and maintenance.