Senior escrow officer is quite capable of handling any and all closings needs for REsi re and they do it as a matter of course.the Lawyer is usually in the main office and handles disputes or title claims not day to day closings. 

To keep it as a SFR, we would save on a 2-story porch ($18k) as well as another kitchen ($12k) and a few other needs for multi unit.We could keep it as a 2 unit, but then we have to create a new wall to separate the units again, adjust the main staircase, do the 2 story porch along with a 2nd flr HVAC, dual water heaters & electrical, kitchen and maybe move and/or add a wall.

This is his main source of income. • He owns 2 rental properties that generate ($28,000) of losses in which he materially participates in the management: his modified AGI is $175,000 before the losses.

I’ve looked into areas in Maine, Worcester MA, and Providence when multis are more affordable and cash flow well.

The main resorts are already priced pretty high and can be tough to make numbers work if you're doing rentals during the winter. 

To be clear..operators CAN LEGALLY "wholesale" if that is their desire:1. own the property and resell (some call themselves "wholesalers" and others call themselves "flippers"2. be licensedThe main reason for this post was to make people aware that some teachers don't know the laws or don't care. $5400 is a lot of cash to pay for BAD information.

One near 39th and main.

Seeing that you have a pretty decent spread between remaining principal and potential value (don't trust the Zestimate) it seems that reinvesting the money into other properties is pretty attractive.

I am mainly working in the afternoons until after the holidays, but the beginning of the year I will start working on the weekends. 

Jared Viernes my wife and I will actually be living here for the next 2.5 years or so and we had toyed with the idea of buying a new construction but the main reason we didn’t go with what you’re saying is that a lot of the inventory here is either relatively new or just nasty looking and/or in a flood zone.