james I used your logic when I sold one of my homes in Palo Alta Ca. 

Have both homes completed and sold in less than a year.. and then are taking a much needed break from construction:)Any advice or ideas would so appreaciated!

Multi-family properties many times provide a better return per square foot than single family, which would be to your advantage as well.As long as you're mindful of the reinvestment requirements and purchase at least as much as you sold and use all of the proceeds, you shouldn't have any issues with this strategy.

I tied up $65k of my investment money for 3 years and sold a property after a judgement for a 5.8% return.

I am an aspiring new real estate investor based in CT looking to use the power of real estate as a wealth building tool and income producing asset class.

It's been a great tool so far.

It's one tool for them in a fight for affordable housing.

For example if you sold on year 1 on a 5 year prepayment penalty, the lender would hit you with 5% of the principal balance. 

Comps solid $410K - $555K (newest) in the area (comps are 1400sf to 1700 sf) and several along this creek sold for above asking price recently.

Well I guess because it does require real work they have to actually find the deals coordinate the rehab and get them sold..