I do not flip but I just do not see the numbers working for a flipper unless he can do more than a rehab (i.e. add a second unit, etc) to increase the value.Good luck

This method won't increase my monthly cash flow much in immediate future, but as loans are paid down and hopefully appreciation occurs, my overall situation should improve dramatically. 

Monthly rent increase for that unit is $200. 

As foreclosures increase, more rental units will be required.http://www.deptofnumbers.com/rent/us/

Chris Mason I was expecting all the standard disclosures that I've dealt with during my past personal purchase transactions.

I am looking to get a 30 year fixed mortgage shortly (construction to perm to be exact.) and am trying to find out the best way to file 2016 taxes to increase chances of approval.

Even at $50, thats $50 x 78 units = $3900/month x 12 months = $46,800 in additional cash flow above the increase we were already shooting for.  

I am glad to be working for myself vs the big therapy companies who say they are all about patient care, yet require 90-97.5% productivity from us and expect us to provide quality patient care off the clock to achieve productivity standards. 

Get a standard landlord policy from your existing insurance company for a house.

It's not a bad idea to flip a house that you don't live in, while you continue to rent.Another option would be to use "house hacking" - buy the house with a standard or FHA mortgage, live there while you make improvements, and sell ASAP after completion.