Insurance must be in place on the property, with the seller as additional insured.6.

Additionally, the contract with the wholesaler is set to expire on Monday the 27th.

In addition to managing a diverse portfolio of rental properties, we've successfully flipped several properties in recent years.

Be sure to calculate the impact this might have on your ROI.Fees: Be prepared for additional fees, such as origination fees, appraisal fees, and possible prepayment penalties.Things to Consider:Loan Terms: Understand the interest rate, the loan term, and any repayment penalties.

Budget Wisely:Make sure your budget accounts for the purchase price, the cost of the renovations, and any additional charges involved in flipping a house.

I want to mention that the $16k quote includes all new trim around windows & doors, a $3,500 addition to proposal.

Unless you suddenly become a stellar STR Host and property (requiring additional spending), why not sell and make some better financial decisions....

if there is appreciation, but you wouldn’t sell your current home tax free and buy a neighboring home to rent out, (There by raising your cost basis for additional depreciation and lower capital gains tax.) then it probably doesn’t make a good rental property. . 

You can increase returns with leverage (that is a mortgage) or with value add (renovations, additions etc).I think cap rates (rents minus expenses divided by purchase price) on commercial and industrial is higher with less work involved, but its more expensive than I can afford--so I know next to nothing about that land.

WIth the new FHA & Fannie Mae legislation, many lenders are forecasting the rental income from additional units, even if they're not a zoned duplex.