You can control the size of the area by the +/- map size, use a square foot range and control the time frame by choosing 30, 60, 90 days.

this is actually a nationwide law.. its just that some title or closing attorneys choose to ignore it.

@Nathan Christensen If you choose to do this you should pull the permits.

Whatever strategy you choose, make sure you know if it is your hobby and she is supportive or if it is a shared hobby.

Memphis still has great opportunities for cash flow, but an out of state investor would have an especially hard time trying to understand some of the complexities and block by block changes in the Memphis market so I'd recommend choosing the company you want to work with and listen carefully to their advice.

If you choose the professional report ($50) it will be much more detailed, give you wholesale estimates, etc.

Play with all the possible scenarios and always choose a conservative approach.  

The HOA is $5K annual, and if I choose to rent it, like last time, it is $12K income because it is the Christmas week that I have and prime ski season....So do I disclose this a expense or income? 

Also, that's my bad on choosing the wrong thread.

If the difference is 10% until you ultimately cash out after rehabbing and the cost/rate is as described above, I would choose the structure above.