I’d like to increase my cash flow and one thought is selling them on a wrap.My current P&I payment is $280/month with 25 years left on my mortgage.If I do a wrap at 30 years, 7% the P&I payment would be around 980, giving me $700/month of cash flow and no other costs.Sounds simple, but the devil is in the details.

So I have the impression it can really change depending on who you ask. it's not 90k. whoever says that doesn't know how to build. we just built a 668 sq ft house and it was more than that without the land and no garage below it. no way it's that low. 

That will raise the eyebrows of tax people and zoning and they will come knocking.Neighbors will often be savvy when it comes to STR's and they will call the city.

No.

If you are interested in talking, direct message me so we can set up a call and see if there is opportunity for a relationship.

Also remembered to play the long game, the entire southwest of the country will have no water soon and there will be mass migration to the Great Lakes bordering states.https://www.realtor.com/research/top-housing-markets-2024/ I don't like Toledo anymore.Too many out of state investors are here now making the market better than ever.It's frustrating growing the business so much.Preferred snail pace growth like when we first started hehe

You would owe capital gains, but no way for us to tell how much, you need a tax pro. 

pf_rd_p=ae76b2bb-e63d-4a67-b357-dab3dee05ca1&pf_rd_r=SYQWK9EMNEBSZGYTZ6SK&ref=a_lib_c4_libItem_B0195LQYF4Looks like it was released around the same time as the e-book and there are no updates/addendums/correction releases to my knowledge.Language: EnglishPublisher: BiggerPockets Publishing LLCPublisher Date: December 1, 2015ISBN: 978-0-9907117-9-7https://www.biggerpockets.com/store/rental-property-investing-ebook

No debts and almost nothing on credit report.

A company called Asset Preservations bought the Right of Redemption from the foreclosure owner and is now trying to redeem it from us and refused to pay more than 100k during mediation and we have a trial set for July 29th.