Most important will be your 401k sharing in the income and expenses pro rata according to the original investment breakdown.  

Purchase price: $40,000 Cash invested: $40,000 Sale price: $118,000 House flip that was originally going to be a long term rental.

@Maria WalshHi Maria,To your original questions, whether condo or SFH, you will not have a problem finding tenants, particularly in the winter months.

But if property is originally purchased in trust, and mortgage, if any, signed by trustee, there is anonymity and limited liability as far as I can tell.If a claim is filed all this will eventually come out.

I know this is off topic from your original post, but when I see a comment like "Section 8 tenants, so the deals tend to be as safe as possible", it terrifies me.  

I’m wondering if you ever got to see the original invoice.

One of my clients almost lost his chance at a claim because his originals were destroyed in the storm, but luckily, he had everything backed up.Hang in there, Joe!

I'm Italian, and originally from North Jersey/NYC area so we just send out some guys that specialize in knee cap alterations 🤣.Ok, more seriously, I personally believe in responding to reviews both positive and negative because it builds a critical body of work such that when you do respond to negative reviews it doesn't look out of place.

. $70k is quite a lot where things could go bad imo.But to comment on the other thing:> on the first - maybe. it does seem like you have good experience. but your numbers on it as a BRRRR are overly optimistic. you'll have to pay points at closing for the loan; you'll have holding costs while you rehab; it's difficult to get an 80% refinance; and refinances aren't free either. so you've left tens of thousands of dollars in costs out.So, we have already talked with the hard-money/bridge lender about all associated fees (1.5% origination, $2500 closing), they are included above.

We are also 2 points in origination on most files.