But I still don't think that particular condo will cash flow like you're guessing.In a hot market, you need to search HARDER, for under-market, instant-equity properties. 

I think anyone who's passed the first grade would see instantly that that doesn't make any sense.

I would love to purchase the house, and instantly begin the Rehab process to Flip of course.

Instant value!

If there's a vacancy - - so what, you'll still recoup gracefully.On an SFR, a vacancy  instantly create red ink!!

$400k - $200k = $200k instant equity!

A full-time tax preparer would have instantly recognized that this form would have been needed.As the complexity of your business increases, so does the risk of audit.

Jason, I would have to say that is one hell of a coincidence, but more likely, your investigations uncovering the details and the threat of getting the agent in trouble IS why you got an instant call back!

I have come across "shady" agents before but those are always the "pocket" style listings or reos that are impossible to get into and then sell almost instantly and more then likely to that agents buyers or friends.

When you move out you instantly gain another rental and the cashflow that goes along with it.If you're living in it then you don't need to hold in an LLC or Trust.