Several flippers have told me to avoid it because it can take up to two years just to do a simple remodel. 

Either the condition of the property, the market rent, or the marketing & leasing operations are failing completely here. 

Well, you have control over which offerings you invest in, what sponsors you invest with etc...but once the investment is made you have no control over the operations and decisions. 

Please, I need one.Thank you

Depending on the terms of your current mortgage a cash out refinance does not necessarily mean you will have a higher interest rate than your current loan and it also does not mean the rate would necessarily be higher than a simple rate/term refinance. 

This is also after a lot of back and forth with the buyer first saying they would accept a letter from the HOA stating they are responsible for fixing the sheathing and then deciding the email from them wasn't good enough.Here is the contract language in this regard if anyone is curious:If the infestation report reveals the presence or indication of or damages by termite infestation or other wood destroying organisms, Seller shall remedy such deficiencies and shall furnish the Buyer with an infestation report by a qualified/licensed/bonded pest control operator (dated no earlier than 30 calendar days prior to Closing) that the Property is free from infestation or any damage herein mentioned; or documentation that the infestation has been treated and damage has been repaired as appropriate in a workmanlike manner on or before closing and reported by an appropriate licensee.

As long as its an active real estate market, and its not overrun by other wholesalers, it's likely fine to operate in.As far as finding sellers, you have a few options.

I know that I can contribute toSolo 401k $18500 + 20% Employer contribution $5500 towards Traditional or Roth IRAAnd then there are SEP IRA, SIMPLE IRA etcI am wondering what combination of retirement accounts gives me the maximum contribution to the retirement accounts.Can I do Solo 401k + SIMPLE IRASolo 401k + SEP IRAPlease adviceThanksChai

Ian they passed short term rentals and most of the legislation goes into affect later this year or early next year in columbus , we are short term rental operators. 

For the 5 unit, the value of the property is based on the net operating income and the market cap rate.You will also need to secure a commercial loan on a 5 unit property, whereas you can get a residential loan for a 2 to 4 unit.