I've actually never used 'scripts'  but I don't discount them as being good 'game plans' or the idea of them as a guidelineBBall players like Kobe Bryant or stephen curry relentlessley practiced fundamentals of basketball, shooting, drills, stretching... basically I'm trying to see best practices and see if I could hone or retweak my own.Thanks

Another company may have filed different guidelines and that property is eligible for them.  

Charleston has all the right fundamentals.

@Etan, from what I understand, Opportunity Zones are not just in lower class neighborhoods. e.g. parts of Manhattan and downtown Boston is also eligible for it.

The most fundamental metric in the commercial real estate space is, without a doubt, the capitalization rate or cap rate.

I recommend you reach out to a handful of loan officers in the Northern NJ area and they will help you pin down what your options are, as you may be eligible for more than 450K or may have more creative financing options at your disposal based on your situation and buying criteria.All of that said, there are options in that price range in our area, but you'd be sacrificing things like quality of the neighborhood or amount of renovations required on the home after purchase. 

They have homes eligible for regular homepath mortgages.

Due to my modified adjusted gross income being over $100k I am only eligible to carry roughly 30% of the loss through to my 1040.

As long as you do not have any full time W2 employees, you are eligible for the plan.Compared to an IRA, Solo 401k contributions limits are roughly ten times higher and unlike the IRA, there is no custodial requirement for the 401k.

Fannie Mae Homestyle Renovation)FHA 203K (Pros)-Must be owner occupied -Lower Credit Score requirements (as low as 580) -Lower down payment requirements (as low as 3.5%) -Low interest rates -Down payment and closing costs can be given as a gift-Streamline refinancing (no home reappraisal, credit check, or income verification)FHA 203K (Cons)-Upfront Mortgage Insurance payment (~1.75%) and monthly for life of the loan-Need to secure reputable contractors, and need to be very diligent with paperwork-Lengthy Loan process (~45-60 days based on my research) -Rehab Limitations under Streamline FHA 203K ($35,000 max rehab budget + requires 15% contingency in case of cost overruns)Most non-structural, non-luxury items are acceptable:-Kitchen and bathroom remodels-Appliance replacement-Carpet and flooring-Roof replacement-Painting-Repairing safety and health issues-Energy-efficient improvementsFannie Mae Homestyle (Pros)-Doesn’t have to be owner occupied -Any type of renovation or repair is eligible (as long as it’s permanently affixed to the home and adds value)-Loan-to-Value is based on your home’s expected future value and not its value today-Renovations must be completed in 12 months and seller concessions are permitted (home sellers can pay closing costs if you add to your contract)-No upfront Mortgage Insurance Premium-Potentially lower Mortgage Insurance costs (if you’re putting less than 20% down) based on down payment and credit scoreFannie Mae Homestyle (Cons)-Higher down payment requirements (as low as 5% for 1-unit, 15% for 2-unit, 25% for 3-4 unit)-Higher credit score requirement (as low as 620 for primary residences, as low as 700 for second home or investment propertyIf you were in my situation, what type of home renovation loan would you use?