@Ji Yang Haven't heard of them.

Quote from @Kevin Yang: I have a property that I bought for my mom to live in because she is retired.

They were 3 bed and 2 bed + flex room units in a desirable neighborhood where the housing inventory consisted of an abundance of quality for-sale housing but the rental inventory consisted almost exclusively of vintage garden style apartments and "tired" apartment units over commercials spaces. 

Even through the initial sale, he was a pain and I'm actually glad my home isn't going to him.

I'm also unwillig to build for-sale housing that can capture $400/PSF.

@Stephanie Yang can I PM you?

However, this requires holding it as a rental for at least a year or more to prove investment intent.Seller Financing or Lease-to-Own – Instead of an outright sale, he could structure a seller-financed deal or a rent-to-own agreement, spreading taxable income over multiple years.Offset Gains with Losses – If he has other investments with capital losses, he can use them to offset the gain.Wait Until Market Conditions Improve – If he’s struggling to sell, renting to you short-term allows him to cover costs while waiting for a better market.Since tax laws can be complex, a real estate CPA or tax advisor can help him determine the best strategy based on his ownership history, tax situation, and financial goals.This post does not create a CPA-Client relationship.

@Brittney Yang surprisingly I have found that I can have glue down LVP installed by a local flooring company, we use Artisent Floors, https://artisentfloors.com/, for our local renovations and they are awesome and they can do it for less than what I can buy the product for at Lowes or HD even with my 10% military discount! 

@Sean Yang Regarding audits, it depends on the type of audit it is.

Quote from @Alex Yang: Professional remodeler, first time builder.