6 bedroom, 2 bathList-199,900Current rents-1050Taxes- 7200/yearPITI-1750Great condition and newly remodeled bathrooms,bedrooms and kitchen. 

It is a condominium with 3 bedrooms/2 baths, 1200 sq ft, built in 1997.

Im new to the wholesaling business and after calling a few title companies Im getting the impression that Assignment and/or double closings are somewhat “frowned upon” from the perspective of the title companies.

It's a double whammy in that department.

We have since managed to add two bedrooms and a bathroom to the previously unfinished attic, and the house is getting really comfortable/ becoming a lot of fun to work on and we have good tenants.

You can do more bedrooms as well as commercial gatherings with a "type B' permit, but type b permits are much more costly and difficult to obtain.

If I could go back and tell my 20-year-old self anything it would be to buy a 3 bedroom house and rent out the rooms to 2 of my closest friends!

Corner lot, 11x17 deck, 2 car driveway, walk-in closet in master bedroom, door to main bathroom from master bedroom, a basement great for my work shop, right next to a park and many amenities.

Let me see if I can formulate my question -- this is for anybody here that has had any experience with custom home builders that knock down old, small, 1950-era houses and put up 3,500 - 4,000 square foot mini-mansions that go for $800-$900K.I got a seller that has asked me to come look at their house down around 610 in the Heights. 

. $900 per month current rent Upstairs there are 2x 2 bedroom apts. $600 per month each Total: $2100Listed $110,000 Tax: $166\moInsurance$176/moUtility's; $100/moLawn/snow care: $50/moVacancy:$100/moRepairs: $100/moCapex: $100/moProperty management: $200/moMortgage$462:moTotal expense:$1443Monthly cash flow: $657Annual cash flow: $7884$22,000 downCash on cash return %35I guess that's what the current owner pays in insurance kinda kills the deal a bit.