@Claudio Romero, do what everyone else is doing nowadays:  When he confronts you again pull out your phone and start recording him, then name and shame online. 

the only metrics that matter in reality, vs just marketing noise... are DOM and list vs sell price...In Ca especially we are overrun with hobby realtors... 

Its really a matter of choice and if you have the time to do it or not....David Green have a great book about long distance investing. https://www.biggerpockets.com/store/long-distance-...

If it's a primary, it's a bit highif it's an investment, it's about right what type of loan it Is and how many points you're paying also matter.

If your intent right out of the gate is to develop and sell, the income wouldn't be short-term gain, it would be ordinary income with self-employment tax exposure.Holding for a year doesn't matter. 

Find a housekeeper, take good pics, put it on line, don’t over think.

I just glanced at some Steamboat properties online.

Steel prices, go up, rent goes up…Steel matters!

@Christi Hawkins  Much like the auto industry  do we think everyone pays the exact amount for a vehicle .. do we think someone who sits there and grinds away for 8 hours might pay a little less than someone not as familiar or as good as another in grinding the salesmen the manager who gets the hand off and the close.this is why I LOVE Tesla you buy on line price is the price for all of us.. and it takes exactly 3 to 10 minutes to buy the car.. its GENIUS.. and why its such a threat to big auto... if you have not been on the Tesla site check it out see how easy it is to buy a car.. the finance part is auto matic too just put in name rank serial number and your approved almost instantly..you do need to put 2500 down on your credit card then they configure and produce your car..

Details there don't matter, however what does matter is that we're about to bring home a sizable chunk of change in the next month.