In addition, I think you are assuming a general contractor will extend credit to a borrower which isn't' always the case. in columbus we build and make everyone self fund a 30k retainer account in a escrow that they have control over because we build new construction multifamily at a discount and won't extend credit to anyone 

I have included an addendum for the seller to not alter or enter a new lease before or after closing which will give me the chance to enforce my new lease at the beginning of July if everything turns out all right and if extending past June than lease will be transferred month to month.I'm assuming I would still run the current tenants through my own screening process.

For your main audience, travel nurses, a well-designed one-bedroom space with a larger living area could be ideal.

It is a great place to live and invest.

Hey Billy, you said you'll be living in one of the units...Are you local now?

Looking to buy and hold in South Florida specifically Miami-Dade and Broward County since I live here. 

My mom has one home in SC that she lives in and another home in GA in which i live inside of. she wants to get a loan from the condo in GA in which she has 150k in equity.

I live in California but am looking more towards the East Coast for my investment. 

What incentive do they have to extend the mortgage to another party? 

This can give you bigger tax deductions sooner, which might help balance out the tax you owe on your sale.Capital Gains Exclusion: Since you lived in the property as your primary residence for at least two of the five years before selling, you might already know about the $250,000 (single) or $500,000 (married filing jointly) exclusion on capital gains.