So, after the transaction, you'll generally be subject to a due on sale clause, and your transfer of the property interest to someone else doesn't erase the full obligation of the property to the bank.

What was once a 3 week cosmetic rehab, was now a 2-3 month full gut.

I am a full time contractor and work with investors in NYC to rehab properties. 

I am very interested in investing in real-estate upon graduating as I have learned from several full-time internships that I do not have a passion for working the 9-5 for a large corporation over the next 40 years.

No, it won't scale, and it's no fun to deposit, but the firm, full, heavy feel of the envelope in my hand...oh yeah, it just does something for me...

I Airbnb 1 full floor, live in another unit and rent the third unit.I have 2 4-family properties in springfiled Ma. 

Ken - are you looking for full service?

Is this condo you are talking about 140 a night full stop?

I can honestly say that I learned a lot over the 3 day seminar but was BLOWN away by the $35k/40k/50k asking price for the systems they set in place.

Any plans to sell before the 5 year ownership mark is up in order to avoid taxes on your gains (assuming you were in it a full 2 years)?