I think that most people let the people stay for duration of their lease.

Managing a MF asset for a duration of time adds another level of complexity. 

The Numbers: Purchase price: $41KCost of Repairs: $48KARV: $160K-$170KEstimated profits: $40KProject Duration: 35 daysHow We Bought This House:A good flip starts with a good purchase price.

You may need to put a reserve in escrow for the duration of the project (which would be refunded when completed).  

Just because they are retired does not mean that they have adequate savings and investments to cover living expenses for the duration of their lifetimes.As I've posted elsewhere on BP, including just last night, I will go as low as 2.5 times under certain circumstances; see links:http://www.biggerpockets.com/forums/52/topics/73355-what-is-this-communitys-thoughts-on-cosigners?

“No rent for the duration of the hold period.”

Are you saying that if the property was used as a primary residence for 60% or more of its duration it is exempt from the tax?

In any event the buyers bank in quicken loans and they are not moving forward based on the duration I owned the property and my purchase and subsequent sale price. 

I hate having issues so early on, I feel as though I lose all credibility and I leave a bad taste in the tenants mouth for the duration of the lease. 

Hi I am currently under contract to flip a house in the Charlotte NC area.My strategy is:To use a hard money or private lender at around 12% over a 6 month duration. exit strategy A is to sell.exit strategy B is to re fi My deal has about 40-50 k of estimated equity and has 0 structural damage.