Estimated 60,000 renovation- currently in progress. 2600 rent estimation, 130,000 refinance on a 200,000 anticipated valuation.Accepted offers: Manchester Duplex for  76000- estimated 50,000 renovation. 2x3 br units. 

Unfortunately, the project ended up being larger than anticipated after the sale of the home and resulted in around 60k per unit.

Sure prices go up and down over time, but not to the levels we saw in the short time frame we saw.Peter Lynch once said that more money has been lost by people trying to anticipate market corrections than has actually been lost in market corrections.

So as a persons net worth grows the desire to preserve the wealth with safer assets and lower cash on cash takes precedence over higher returns.Once you make it to where you never have to work again you do not want to lose all or most of it chasing anticipated high yield assets with too much risk.  

You could also complete a full 1031 exchange and then refi to take cash out (You would not want to refi the existing property if you anticipate selling it and doing a 1031 in the next few months).  

I'm in need of an Investor Friendly contractor for my flip in Brenham, TXMy project is taking much longer then anticipated.

*Disclosure... i have this posted twice... once in the local communities and now here - so if you've already seen this post - sorry!My family might be in a situation in the next 9 months where we'll be moving from WA ...

My insight is to run your numbers very carefully, multiply your anticipated annual expenses by 1.5, and don't forget capex.

.)* are there any areas in Tampa where growth is anticipated? 

It's easy to get excited about potential, patience is definitely key.I believe the property is bank owned, but getting ahold of that bank has proven to be more difficult than anticipated.