Implementing the strategy you laid out is a great way to grow your business quickly.

I quote:PROPERTY DAMAGE BETWEEN ACCEPTANCE AND CLOSING Seller shall maintain the property until the earlier of closing or occupancy of buyer in materially the same condition as of the date of acceptance of this offer, except for ordinary wear and tear.

As a full time investor my dad had to do just that twice as I was growing up.

Anyway, they were very critical of my bank statments and wanting justifications for all the "out of the ordinary" deposits we had.

I'm anxious to find out what other investors think and are doing to grow there business.

I think there will be a boom in assisted living units as baby boomers grow older (a recent topic of "Adult Homes" lol).

Wages are not growing and when interest rates rates come back, people won't be able to afford to buy a house with a bigger payment.

Since around 2010, and growing each year, more and more come due and since underwriting guidelines have become more strict, compiled with mismanagement and value reductions, the borrowers would need to come to the table with lots of cash to refit into a new loan, most of which don't have it, hence the increasing number of foreclosures and short sales.

Flipping is treated as ordinary income by the IRS.

And what are my next steps in growing this business and generating income?