I will back it up with sound logic.  

We have been doing this constantly in Boise as we are such a high appreication market, but still more cost effective than CA.

Even if I were found guilty, the cost would be in the thousands, not in the millions.

Also Seller hasn’t paid property taxes in 2 years which is a sign the property is in distress.

Columbus, GAYou can go look up the remaining 21 markets, but you get the idea.

I am taking a salesperson license exam this year to get into the industry and use these commissions toward closing costs.

Only thing different is the cost of housing goes up outside of the city, not down like where you're at.

If this property is hard to rent, or is functionally obsolescent (only 1 bathroom, no yard, etc), or has deferred maintenance that will be costly, or is in a location that is not appealing to Tenants, then maybe a sale would be a good option in favor of a property that has better Tenant appeal, which will likely increase rent and avoid long vacancies in between Tenants.An option to consider....

A local bank will give up to 100% LTV HELOCS (up to $400k).

Cost was not as much a determining factor.