Just this week I had a client convert a flip into a rental after it sat on the Oakland market for over a month at a price that would have yielded fairly low profit, and this is someone with a track record of successful flips in years past.So I guess this is neutral-to-good news if you're doing buy-and-hold and finding a way not to compete with the owner occupants bidding based on emotional appeal inspired by a reality TV show, but bad news if you're trying to be the next HGTV rockstar flipper paying MLS prices. 

Good news is its a 30 year amortization with no pre payment penalty for flippers who sell quickly.

@Mindy Jensen it was on a Denver News station too and posted in the Choose FI

Voted the #1 city to live in by US News for the third year in a row, the employment growth and consistent appreciation we see in Austin seems into the price point.

But security breaches at accounting firms and legal firms are contributing to the plethora of tax information available at rock-bottom prices online, according to a cybersecurity executive.https://www.cbsnews.com/news/tax-return-criminals-..."

The good news is I've already got a 12 mth lease signed for it.

Tip - look for IRS liens (bad news). 

Good news is no closing costs and a promotional first year advance rate.

So long as the contract price is possible, if not probable, the appraiser is free from persecution because 1) they have at least some sales that support the conclusion and b) it is after all only an opinion.And so the bank comes back and says good news, the buyer is approved for the loan amount.

I was going to say two months rent but if it takes 73 days on average I'd go with option 3 and return the unused portion once the property is rented out (so if it takes 75 days return a half months rent).The good news is we're in April - a lot of people are looking for housing at the moment.