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Well...... there goes that little idea I had to move into one of the IPs, renovate and sell it and make a big profit :D. Just as well really. Hubby never would have gone for it.

What about the following scenario.... We have had an IP for about twelve years, bought for $156K, spent say $30K over that time. Let's put the base cost at $200K to make it easy. Let's say its value is now $800K. What if we moved into it, spent $200K doing a big reno, raising, building...