Including the gain during the time it was a rental.However, since the property was converted and is being sold as an investment, you would have to recapture any depreciation and leftover tax over the $500K/$250K limits.

Hardware used in housing was restricted with made in China.  

LOC on Co-ops is already a niche product, so options are limited but I am still curious to hear from anyone with experience in this area.

Make sure it still cash flows after all costs and check if rents could go higher or if HOA rules limit rentals.

With limited savings, the key is to focus on strategies that lower your entry costs and build credibility.

The 'fix' part of a 'fix and flip' is a second full-time job, especially managing contractors, so time will look at very limited when you begin the project.

Also, many with too many occupants, I am limiting it to 3 or 4 because of the septic. 

But yes, private flood is still alive and well, and often provides higher coverage limits and shorter wait times to bind.

I do plan on growing the RE portfolio and want to make sure the next moves are savvy.We have decent 401ks, and limited liquid funds in savings...Thank you for your timeNo, you don't!

A premises liability claim or any avoidable law suit is not worth the hassle balanced against limited upside these properties can generate.