We found the "in and out" nature of them lined up well with what our overall business model was.

Purchase price: $500,000 Cash invested: $2,500,000 These brand-new single-family homes feature open layouts, high-end finishes, and plenty of natural light.

Congrats on successfully branching into flipping, it’s a natural extension of your agent experience and gives you a big edge in sourcing and evaluating deals.

If you simply let human nature run the course without government regulation, this is the result.

If this is your first transaction of this exact nature, maybe a test run of one house would be wise.

My understanding of human nature tells me that most of these schools are there primarily for the monetary profitability (which is not to say they can't be good schools, but I bet that's not the primary reason they exist).

Since these acts are spiritual in nature and not tied to producing income, they wouldn’t qualify as deductible business expenses under IRS rules.

@M Edouard Ok I agree most of the time but if you have nice condition older natural woodwork, pick a color that goes with the woodwork like an alabaster/off white, and don't paint the woodwork.

Quote from @Andrew Steffens: Unfortunately (and especially true for unique properties) appraisals are very subjective in nature. 

I originally got my start in aviation real estate helping pilots buy/sell hangars and live with their planes in residential airpark communities which had natural overlay into the off market & investment world.