I've used Mark Fleckenstein in Richmond for many transactions and he always did a good job. 

also Google “Airbnb Atlanta“ or whatever city and hit the News button and see how terrifying it looks.

@Mark French first of all congrats on the addition to your family.

Digital is more the flick of a button on the computer.

You'll maintain your tax free gain if you stay under the 3yr mark. 

Originally posted by @Mark Sullivan:Yeah, but if he's paying 10-12% on his personal debt and half that on a refi, it makes sense, no? 

Originally posted by @Mark F.

List price: $350,0004 units: 3 x 2 bd/1.5ba 1 X 2bd/2baI figured $1100/mo for rent for the 3 1.5 baths and $1150 for the 2 bathTotal Income: $4450I used Zillow and my assessor's website for tax info (although I have no idea what FCV and LPV are)Tax: $95Vacancy: $230 (5%)Repairs: $230 (5%)CAPEX: $230 (5%)Property management: $450 (10%)Mortgage: $1922 (using an FHA loan at 3.5%)PMI: $280Insurance: $70 (based on zillows numbers)Total Expenses $3507Cashflow: $4450- $3507 = $943Down payment: $14000Closing costs: $4000 (I definitely need help with this number)Rehab: $10,000 (pulled this out of my butt, only 1 picture of the outside)Total cash in: $28,000Cashflow for the year= $11316COC ROI= 40.4%I'd just like a little help to figure out if I'm even in the ballpark or if I really need to make some big adjustments to my numbers.

@Matt RobertsI recommend reaching out to @Mark Ainley at GC Realty.

You then mark it up and sell it - like a for-sale-by-owner.