But if they help you pay less taxes and avoid potential risks then accounting bill becomes an investment.

Flipping is a high risk activity, and the greatest way to mitigate that risk is through knowledge and experience.

Sell now and save for a better property and lose out on any possible equity gain but avoid a possible housing market tanking or rent in the hopes of making a lil something and some equity at the risk of losing equity but not much else.

Mitigating risk within, CMBS & Tax Oriented Investments(Structured Housing,Direct Affordable Housing) Finances: I recently made a good amount of money in the stock market 1/4 Million----- Intentions: I've had a deep passion for Real Estate for a long time.

Mitigating risk within, CMBS & Tax Oriented Investments(Structured Housing,Direct Affordable Housing) Finances: I recently made a good amount of money in the stock market 1/4 Million----- Intentions: I've had a deep passion for Real Estate for a long time.

I'm told there is a way to ask the seller (who's carrying the loan) to take a second position, along with a second on the new motel property, to let new lender come in first by refinancing or cross collaterlizing the multi family?

@Matthew Paul - spoke to the Wife and she is not comfortable with keeping our house as a rental. she strictly thinks the new tenants will beat it up and leave it in a state where we'd have to sink money into it to fix it up before selling. also, if we hold it for a number of years, she is fearful that it will be "out of date" and we'll need to sink money into it to remodel it as well.i am more of a risk taker than her and do not agree but we have to come to a consensus.we also would likely need the profit of the current home to move into the next home - for a down payment.creative options/ideas?

Buy within your comfort level, but always know no one is going to care as much about your investment as you do, so make sure you are mitigating the risk of OOS as much as possible.

I do not see crime as an issue as this was mentioned as a risk factor above. 

I have the same anxiety towards risk that I think you're having and I've noticed that sometimes it helps to step out of yourself when analyzing a deal and pretend that you are coaching either a new investor or your past self through the process.