For sellers, we take clear, well-lit photos and videos of homes, even occupied ones (within reason).

.+32% property appreciation in 202427% increase in luxury vacation rental demand (Airbnb & Booking.com)Strong appeal to European and Canadian travelers seeking nature, tranquility, and boutique stays.Best for: Eco-villas, glamping, boutique hotel projects, and STRs with a wellness angle.📍2.

We have many investors in the top two areas you mentioned that have also had success in MEM, LIT, OKC, and TUL.

Flips are treated like a Product for accounting.So treat the Sale as an Income line of its own, each expense as a COGS, then the P&L calculates your Profit on it.Loan should have cleared during sale, which the sale can be its own entry.Usually its like:Sale Price: CRClosing Costs: DRLoan: DRCash/Due to Seller: DRWhile moving a flip from WIP to COGS can be its own.COGS: DRWIP: CRthen on the P&L it will go:Sale Price: XXClosing Costs: -XXCOGS: -XXProfit/(Loss): -XXThat amount, after overhead, is used to calculate your taxable income.Let me know if that worked.

@Nicholas L.

She left a pot on the gas stove and fell asleep and it lit on fire.

This is literally a fire sale, idiot tenant lit candle, set mattress on fire but managed to drag mattress outside; there is smoke damage.

But the two that really lit the fire for me were Flipping Properties by William Bronchick (2001 edition) and Tax Lien Certificates by Jim Yocom (2002).

One fire they had lit under and under pass and weakened it and it failed :)  Also they burn up their RVs and campers pretty often then the basic tent fire...

Quote from @Matthew Bernal: @Cody L.