I do that with a Vegas prop and we get basically double the rent and its A class so no need for PM. 

We learned the importance of thoroughly vetting our title companies and double-checking every detail.

You can then prove your income not get double taxed on passthrough income.

My Class A home (nice suburb with great schools) is doing well but I bought it in 2013 and it has doubled in value from 2013 to 2021. 

I know this is true because I speak with professional investors and brokers  every day virtually every broker and investor I deal with does not know how to do the math the so that you can double your investment capital every 1 to 2 years.

Following to hear how skimping on the expenses involved in a true double close works out.I doubt a hold-open or a binder provides the coverage that will be needed here.

Double gift!

In Mass, that means that all components are double-wall, non-corrosive (fiberglass). 

The only stickler to watch out for is if you aren't reinvesting the money back into your business (you would have to double check the tax law on what that curtails) the interest on that loan isn't tax deductible. 

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $100,200

Cash invested: $32,000

Sale price: $212,000

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Peter Vekselman

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