Fort Collins did it since the 1960s and only recently created a law against it because of rent rates.

If I can park the 388k ($415-27k) for one year at CD rate of 4.5% and then est 300k (after paying cap gain/depr recap) at 3.0% (assume CD rates lower) that interest income of about 24 months net of ordinary income tax is about the same as my current mortgage.Trying to play devil's advocate and think why selling this year does not make sense. 

I already have 2 loans on the property with great interest rates that I'm not looking to replace.

If any short term financing, risk adjust upwards another 2% points on the interest rate.3.  

Quote from @Vikas Jain: Yes, I have already seen the buy-in, im less concerned about that part of it, but just want to make sure its legitimate (plenty of opportunities where buyin is high but it doesn't always mean the product is good, just been burned in the past by others so trying to do better due diligence this time around)Their success rate, as of now, is 100 percent.

It's free to sign up for an account and the savings account has a very competitive interest rate.

We wouldn't get as much money but the rate of return may be just as high or higher if we are able to keep the closing costs low.2.

El-ErianSun, January 10, 2021)) Mostly, I see a hint that it could result in rising interest rates.

Year over year we've seen impressive appreciation rates and often times investors are able to re-sell at a profit a year later with minimal to no work.

Look, we’d all like to search the internet, find a deal for sale, analyze the property as having a great cash flow at current interest rates, with lots of upside potential in a gentrifying market.