I assume it's illegal for me to convert the office to a normal rental?

Assuming that the current cycle will exceed the previous peak before turning down is not a safe assumption, especially in markets that lack strong underlying fundamentals. 

I bought my last property directly from the builder, assuming that this way I can at least have no major physical issues for at least the first ten years or so. 

assuming you finished all your due diligence and inspections?

On the refi, using your 70%, the bank assumes a $30k loan on your property and give you $70k of equity in cash. 

Assuming I get approval from the Hard Money guys I am happy with the terms.

My guess is that assuming the quality of the list is maintained I will be mailing those initial houses and any new ones for a long time before the well is tapped. 

My guess is that assuming the quality of the list is maintained I will be mailing those initial houses and any new ones for a long time before the well is tapped.

And follow up in another few months if it’s still there.I’m Not to experience flipper yet, but I’d suggest you keep ur final sale price conservative, if you got a market with new homes being built similar size to urs, that would make it harder to sell/compete with(assuming ur house old).Hope that helps

Mathew,I think i understand where i am coming from.You are assuming u can get the house whose ARV is 200k for 100k .