With the increase in rates, i want to act fast.

The more properties you flip will continually increase your chances of running into a property with a title problem.

Tenants will ultimately pay for this as quality diminishes and price increases as the offer and demand spread is compressed.It's my personal opinion that this bill was simply a way to get votes. 

I have conservatively valued and suggested a sale price of $160K-$165K based on increased values the past 3 years coupled with the challenging location and current condition.One of the neighboring businesses is interested and threw out the possibility of seller financing.

The refinance does not trigger an increase in assessed value.#5 Property is cash flowing much higher than my estimates, and in a B+/A- neighborhood (see below)So for the numbers, I am still refining our pricing strategy, but so far I am seeing ~$4,000 in gross revenue per month on the entire property. 

So the too big house method puts you in a good location, increases your choices of where to buy, and potentially has higher rental income and appreciation.

Just after, the book talks about improving the property so rent brings in more money per month/year, which increases Gross Rent Multiple. 

PPS - Based on what I am seeing in the comps photos I received, I am planning to install "B" level granite (probably Santa Cecilia) while reusing the existing drop in sink, porcelain tile or "stone-look" LVT floors, tile backsplash, and (hopefully) relatively inexpensive "semi-custom" cabinets (to make the most of the available space in a small kitchen where there is no possibility to expand the room).If anyone has advice about good value semi-custom cabinets, please share it with me!

I have plenty of experience in new construction as a painting contractor and assistant project manager for a custom builder here in Bend.

If you gactor in that rents should have increased over 5 years you can use that to offset even more without cutting into cash flow.That being said, I have started to make extra monthly payments towards principal on the notes that will come up in the next 3 years for refi, which will bring the baloon amount down significantly.