I'm going to check out Waterset and keep looking for some actual ICF projects to look at.   

Also, the buyer generally would do renovations so that he can flip the property or keep it as a rental.

The rent is the rent no matter how many beds are filled so the house is incentivized to keep the house full with people serious about sobriety and paying bills on time to minimize each persons monthly rent. 

We can all keep telling you what to do but we don't have all your data.

What they won't tell you is that there is an oversupply of condos putting pressure on prices and they keep building.

You could do a cash out refinance and rent it out while getting the cash out of the deal - but if you have zero reasons to keep (no cash flow or no appreciation), it may not make sense.

Keep in mind if you are doing commercial/portfolio/other loan types then none of this may matter…but for Fannie/Freddie it will.SCHEDULE CThe Schedule C portion of your personal tax returns is where most people file a business that is operated as a “sole proprietorship”.

I have read a lot of books and this forum keeps coming up.

I disclosed to my lender that the Wholesaler was making 5k so then it made me look like I was lying to my lender when the HUD clearly showed the Wholesaler was making 15 KI recently had another transaction where a Wholesaler renegotiated a lower price after the fact.I’m assuming that where the wholesalers have that ability to make that extra is that they are naming the price that the buyer is willing to pay and not necessarily naming the dollar amount that they are assigning their contract for so this gives them the leeway to keep trying to get a lower price from the original seller, even after the fact of going through the motions of transferring their rights to the property to a new buyer.

It also depends on your price point and budget. because this is going to be your personal residence, at this point, I would just keep aware of city news and developments, and neighborhood pockets.