The importance of lowering expenses and increasing efficiency to maximize property income.

Net effect, typically, means distributions are not taxed in current year, but do lower your basis resulting in larger tax bill upon sale.Depreciation reflected in the net gain/loss from rental box on K-1.  

I'd see how next 2 weeks go before lowering the price.

I am considering purchasing in Lower Dimond and any of the directly adjacent neighborhoods.

This is the reality of selling the entry level SFH's.

Your main concern should be whether these bedrooms and bathrooms on the lower level are legal and have the proper egress require for fire code and livability.

.: I am trying to learn and understand... someone told me that its not just size of the home or level of the flip that determines profit, and that in some markets, what is considered a typical profit is 300k based on the 70% ARV formula.

What is your comfort level? 

Yes they require renovations at that level but with a little love I am still getting cash flow.

Buyers that would buy if rates were 1% lower.