You are correct, I worded this to generate responses because I wanted to know people’s views.

However sometimes these information might not be correct and you should really do your DD on this.

Most of the RE advice I've gotten is from networking with local and out of state investors, real estate agents and asking what they did and checking to see if I analyzed the deal correctly (rehab costs, etc) ... all free.

Again not sure I understood correctly but if that is the situation then I'd personally have no issues moving forward with the rest of the inspection.

I believe your assumptions are correct, only there is no requirement to buy again for the primary 121 exclusion portion.

I think you need to find the correct lender. 

I would like to know if the 11.02% answer is correct and if so how did they get it lol because like you said the rest of the IRR equations check out in the chapter.

If I'm correct, this situation is why you should have. 

View report*This link comes directly from our calculators, based on information input by the member who posted.Looking for a bit of assistance on this not sure if i calculated the holding cost correctly  and other factor.

Then watch the market as many people feel we may have a large real estate correction, if that happens you can exit if you need to and quickly if the dip in prices goes as low as Robert Kiyosaki Predicts.Robert Kiyosaki Predicts.