It allows you to delay answering any questions until further time and minimizes the discussion/debate as well as provides opportunity to think about all ramifications (I need to check with the owners or my partners- whatever wording you want). 

Hence wanting to build quality and for atmosphere, (light, bright, airy) for the long dark and grey winters.

Adding a bathroom to the main house and some other minimal repairs (painting, new countertops).

new shuttersnew door & storm doorcleaning the guttersadding a small concrete stepnew mailbox & lightLiving RoomIt’s hard to see from the photo, but we replaced the lighter-colored laminate flooring with a dark coffee-colored engineered hardwood.

Knowing very minimally of what I am talking about, I cant help but be drawn to a HUD home as a first investment.

I might cost to start up the IRA but the transfer fees are minimal.  

All,I know the typical way to minimize your exposure to capital gains and employment tax is to hold the property over a year.  

It will simplify and minimize your taxes.    

The six tenants who remain have all had their rent increased to $1200 a month with minimal renovations done.

Your task as an investor is to minimize those risks either way.