I am sure many would  consider other investment strategies besides  continually recycling their capital collecting  homes that are propped up with appraised values that are not attainable if the properties were marketed for sale.   

The value for you will be having a 500k home that you are paying less taxes on.Feel free to message me if more clarification is needed.

@Stuart UdisThank you for the clarification. 

Does any one have any clarification on the new law passed in South Carolina on wholesaling?

Good LuckTypically multifamily is 5 units or more and Single Families are 1-4 units, so I was confused, so thanks for the clarification

Thanks all, only clarification is I’m making money in Summer, and apologies for miscommunication - I meant on average (annually) I’m losing 5-10k so realistically will lose $75k on it first 12 months operating (but created about $800k of equity).

It’s essential to document who is responsible for what payments and how they will be handled to avoid confusion down the road.Feel free to ask more questions if you need clarification!

@Chris Seveney Clarification: They were already broke.

Flips only.Jeff, Thanks for the clarification.

But if you’re going to let it eat you inside, not only will it destroy you, but it will block you from reaching and attaining your goalsThere is nothing you can do about not investing.