Option A would be because you likely only got a short term loan with a higher cost of financing since it was un-lendable in its original condition.

Common here in time to pick colors, flooring and appliances, especially at the higher end.

There is probably a slightly higher chance of fire with open flame, but leave either unattended and you get fire.

Have folks out there arranged an LLC structure where the small equity holder (the developer) makes a higher % if it's sold quickly but the large investor (me) makes more if it's rented out for years?

It seems to me by investing it I could get a much better return on my money rather than leaving it tied up in a house that I don't think can go much higher.

Question is: Should I eliminate the higher tax rate town on a flip for resale or just do the numbers and forget about the tax rates if the numbers work.

It has a low cost of entry and a strong rental market - a great place to build a track record before branching out to higher cost markets.We plan to continue to work full time as we build the portfolio to help with our ability to finance deals.Eventually my goal is to expand to other markets and to purchase large multifamily properties.

Usually flood zone boundaries and or elevations are altered due to new construction in the area, which may be alterations to the stream upstream (i.e. building higher dikes, etc.), widening the stream below you are two such examples.

seems to have higher swings that other parts of the country .BTW , having grown up in NY, and now living in WA, I can tell you that 50s is NOT chilly :) thats almost shorts weather

Do what it takes to buy this low and sell higher.