This is a great forum that continues to help me daily!

@Jodi G. have you continued with these similar flooded flips and finding good results?

Lenders also vary rates based on state of project and amount of funding.2) What are your LTV ratios (loan to value) and do you lend based % on resale value or purchase price?

I think values will probably continue to rise but then they could stable out after everything settles down.

What a tenants responsibility is with CAM and percentages will vary based on what is in the lease.Some have CAM STOPS each year where the tenant pays only a certain amount and after that the landlord pays it.

The new tenants chose to keep those appliances in place and I added an addendum in their lease that stated they were responsible for any costs associated with maintaining those appliances -- I continued to be responsible for the stove and refrigerator.  

I am sure I will be reaching out to many of you for continued wisdom. 

I could sell my house to get the funds but the value on my house continues to grow (located in the up and coming Avondale hotspot) so I would hate to cut off that asset at this time.

My question is- am I better off continuing to save and buy something bigger/better later down the road OR do I jump into this as a temporary primary residence and future long term rental? 

This is the one aspect of investing that as opened so many doors for me and continues to do so.