I don’t know your exact situation, but I expect principal paydown and appreciation to cover the $200 and still give you a nice gain.

If you can attend local investor meetups, that’s a great way to gain market insight and connect with reliable people.It’s also smart to start small with a couple of flips to test the waters, and make sure you understand the local market dynamics before scaling up.Good luck with your expansion! 

You're spending over $600k (purchase price + rehab + fees) to make $25k, and then you'll have short term capital gains on that...

Solo 401(k)s are not subject to UDFI (Unrelated Debt-Financed Income) on the capital gains from selling a debt-financed property, per IRS rules.b.

Have some real estate under my belt but looking into Short term rentals opposed to long term rentals.Wondering if there is a stand out book to read to gain understanding for Australian Short Term rental market/AIRBNB.Also if there is a specific group for Australians and short term rentals for Australian market/Australian tax system etc, do point me to that.Rod

As many have said the status of the relationship between GC and owner will carry a lot of weight in terms payment terms.

This community is a great place to gain knowledge, connect, and share experiences.

Very large out-of-pocket medical expenses are also part of this game.Balance gains and losses on your investments.

@Paola AstridIf you’re considering refinancing an FHA loan, it’s a great way to lower monthly payments or gain more flexibility.

I get the frustrations of laundry and especially losing expensive luxury linens that gain 5-star reviews and very happy guests.