Are you sure your licensed contractor knows the current smoke and CO detector laws for your area.

I plan on living in it for at least the first year to qualify for FHA, so it would be in Colorado Springs where I live and work currently.

A little background info:We purchased our current home in 2018 for 180k.

Currently only in the Reno market but will expand once we have all the systems in place.

I'm currently considering an off-market potential deal in GA and would like to do a quick sanity check on my underwriting with your help:Land Size: 96 acresDevelopment Potential: Zoning allows for 3 houses per acreLocation Perks: Public water.

It is currently occupied by tenants - one is month to month paying $1595 and the other has a lease until Jan 2025 paying $1675.

I’m Currently living in NY.

Those losses that you cannot write off currently are still yours to use in the future.

 recently I’ve had some problems with a current renter of mine leading me to want to serve them an eviction notice of 30 days since their lease is month to month.

-Purchase price = 88,500-Amount currently owed = 70,340-ARV =$145,000 (NOTE - we have not gotten a formal appraisal, basing this off comps in the area)-Lease= Signed 12m lease at $1125-Current Monthly Mortgage = $617-Credit score = 792-City = Greer SC