I was thinking I would need to build some quick cash in order to move on to the next niche which would be flipping.  

Hello BP Community;I'm ready to go on "live" with my first property, my niche' is student housing.

@Carl Randal Some investors in Texas (and I realize you're not in Texas) will "close" at a notary but typically do so only in very unique (urgent) circumstances.

develop your own unique to what you're good at and what you like to do...and stay away from people like him, unless your wallet's too full of cash

You might consider Niche or Specialized Housing like student housing.

Each will be unique.

You might consider Niche or Specialized Housing like student housing.

But I would definitely talk to your cpa because everybody's setup is different and there may be something unique in each situation that allows you to do something different to maximize your profits and limit your tax liability.

Your plans might change down e road if you decide to scale.For my particular situation,  I don't payoff extra debt unless it is hard money or a unique circumstance.

Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbookYou might consider Niche or Specialized Housing like student housing.