Also, the goal of the 4-plex was to stabilize income to transition into a new career, which I could now easily do from the amount of appreciation I could realize by selling now.I don't want to make the mistake of getting greedy and missing out on a good time to sell only to see the market take a pullback and have to wait for another exit point.I want to transition into stock trading (I know there's a bunch who would like to bust my chops for that:).

.+ $8000 closing costs (that's what it would be here, I realize this is very state-specific)$259,000 all in on an exceptionally modest rehab.Lets assume that actually gets you to $285,000 (which is a not great assumption.)$285,000 - $259,000 = $26,000Now your flipper needs to sell it.  

If investors on BP who chase these things realize that its really chasing rainbows then I think we have done a service for the community at large.

I realize doing any kind of development of this size (or any size for me at this stage) will require partnership with more experienced developers in my area. 

I experienced this just yesterday: a free-and-clear seller said she wanted to cash out because she had plans for the cash, but when I ran my numbers I realized my cash offer was going to be well below her asking price.

A couple months later, we owned a townhouse.We know have 3 SFH rentals:The townhouseOur old residence (we moved in 2011)Another SFH out of town in Central AZWithout going into to much detail yet, we don't make a lot of cashflow.After reading BP, I realized how much I don't know.

I realize that, at least in some ways, it may be smarter to wait a few years and just focus on learning, but to that i have two responses. 1) I am an impatient, impetuous teenager.

I realize that is a bit vague, but isn't that why most are here in the first place?

I realize that you don't want to move, but sometimes you need to make sacrifices.

Well, most people that have already posted here don't seem to realize that there is a sticky topic at the top of the BP wholesaling forum that has plenty of methods for this.