What made you interested in investing in this type of deal?

Purchase price: $220,000 Cash invested: $7 Single family home positive cash flow What made you interested in investing in this type of deal?

You need an assemly line approach, which is repeatable.Work the math backwards, determine how many units you need and what type of debt service they can carry for the deisred cash flow.

Just kind of a "no big deal, I'll let you out of the lease as long as you pay until the end of the month that you leave" type of message.

I've had a great interest in real estate since my high school days in NYC, and it all started with the love that I have for reading different types of business books.

I would personally keep it as a rental, unless you think you can find a property that you could purchase and confidently say you can cashflow significantly more money and have the type of appreciation you has had in that property.By saying that you are in a great neighborhood, and seeing the appreciation you has had, do you think the value is going to keep going up at a good pace?

It's all about do the positives for you outweigh the negatives for the location and asset type your are seeking. 

.- does anyone have experience with this type of property (rental that was then flipped and sold in the 18-month-ish time period)- How do we avoid capitol gains? 

Hey Victor, I'm local and do all types of investing and I'm well connected. 

Hi @Kelvin Ng- some lenders lend directly to personal name but this is based on by state/property type.