Conversely by letting you do the fix and flip next year  without making you cash out you could increase the value  of the property and sell at a better time of year for a higher price.  

If you'd like to increase the number of boots you have on the ground.

Have you developed your plan to take advantage of that, to increase your wealth?

Certainly helps to increase your conversion rates.

So in a busy market like Portland I'm better off just taking another job with standard MU and no profit split.  

Again, not cash flow to retire on, but think of it as an investment account with pretty hands off management.Also, the fact that homes sold lower and were then rehabbed may actually help you out in 5 years if the finish level in the area was brought to a higher standard.

Firstly, I expect your SAVINGS regime to increase dramatically!

If you took cash out you could increase returns.

Property prices in Prague experienced about 10% increase in prices for last year so I hope to "catch the wave" and sell it while the price is still rising.

I google'd around for the USPAP standards after reading why he said it was a duplex, and sure enough it was a duplex according to USPAP standards, sorry agent, sorry seller, and sorry county of Alameda (he was super liberal with market rents on the 2 units that he had to call 1 unit, because it was one GIANT unit, so the rental income was actually fine). 3.