It's all paid off but rates are high so I'm not thinking re-fi at this time. 

(so 751 is too good to be true !)

So, I guess I'm paying $1,000 to live in my home to earn equity in my duplex. - According to an amortization schedule, it'll take about 10 years to get 20% of equity in the property.

Thank you so much for your valuable advice.

Our company specializes in full-service property management & construction aside from sales as well, so we work with a lot of real estate investors.

People assumed California would be the worst-performing state because the baseline level of affordability was so low.

When the 5 years come up the property has been tapped so the next buyer certainly isn’t going to pay a premium to take the property on?

These items are important so that you can budget accordingly and price the deal correctly.What size properties are you focusing on?

(We're aware of the five year look back period for Medicaid eligibilty but it's not a big factor in our decision to do this.)We would get the house appraised so we can document paying FMV.House would be purchased with cash (it's a small home in a rural area and value is low)Inlaws would sign a lease so that it becomes a legitimate rental and we can deduct expenses, etc.

I will be posting our flip success story in the next week or so on a very profitable flip.