@Mindy Jensen, shame on you - we can always find a way to squeeze a little 1031 tax deferral in the mix :)The sale of a property like that is very easy for an experienced team.

Tenants flipped their lids, called and cussed out the testers claiming they're fudging numbers and evidence and ordered their own mold test which also came back low. 

The main problem I need to solve is to convert it back to a legal single family house so an end buyer can get conventional financing on it.Up and above that Its up to my discretion on the level of finish.Or I could take the easy profit and sell now...

I am not looking for a mind blowing deal - I know they are not easy to get and I don't want to bide my time waiting for one to magically appear especially as someone not in any secret society.

I want to make everything easy for accounting purposes As well as make it easy on me.

Getting a second mortgage for $62,500 and leaving the existing $50K loan in place is possible, but not easy to find lenders that do that.Sorry, but requests for lenders can only be posting in the Marketplace.

It is that easy to gain more knowledge and be more skilled when it comes to the real estate industry, Jessica.

Here in Nashville it ain't easy getting in there to talk to them but it can be done.As far as the camper, I lived in it for almost two years before I bought this house in Nashville. 

I am just trying to feel out how the process works and I came across the following situation and as the old saying goes (if its too good to be true...) this looks too good/easy.

Quick easy ROI as long as you have the right team that is reliable and sticks to your time frame.