You have to explain to the architects that this project is to serve as a retirement plan for your mother in law and the main goal is it should bring profit, they may change plans and build very simple

Perhaps this is dead simple observation, but it seems like that equity I took out (which I'm still paying interest on) should be factored into the new property P&L since taking out equity is never seemingly total free and clear.  

Hopefully you can get another trip in, as the money factor becomes greater and allows you to save more.

And it’s now one of the main strategies I teach.Here’s how I did it.

I passed on those, one has now sold, one is still there.I bought a house on that website, horrid interior mold, busted water main. 

@Ari Bildner and @Basit Siddiqi - If you are looking for summer homes/rentals or Condos in AC I have a really good contact that specializes in mainly selling those types of properties.

Make sure you double check and verify the numbers you are getting, just because some one says ARV is 150 does not make it so.One of the biggest factors is how long you'll be in the high interest loan. 

Hi,I got a lead off my website, it is in Houlton ME.  I know I should look into it myself, but I am just not ready in a long distance rental.  Anyone in the area that would like the lead?  Hit me up with your email or...

That all being said... distressed properties are my main focus.

Ill leverage into rentals at some point, but rehabs are what excites me due to the flexibility, and fun factor.