That individual now wants out of the year long lease.

His long term tenant recently moved out and is about to rent it to his adult son, who will be paying him enough to cover the monthly expenses.  

We are worried about a potential fire or getting shocked.

. :) For now, we are just getting into flipping and are trying to run some hypothetical scenarios though a calculator to rough out costs and estimated ROI for our first wholesale flip.Thanks for any guidance you can provide!

I'm the founder of Comfortly (https://comfort.ly).We are new, but we run our properties on them and as a remote self-manager I love it.

I’ve flipped in the dc area for years, right now there is just money & in the vast majority of cases there is high likelihood of losing money, right now the best investments in the area imo are buy & hold, I’ve even gone full circle and while I really liked value add for most of the last decade I think in a lot of ways new construction especially in more affordable markets (I’m personally a big fan of the eastern shore market) is a much better way to make money long term than flipping and brrring while I know they are sexy & certainly you getting a huge paycheck is great, there just isn’t any money in it right now, especially in nova. 

Im only at 30 doors, and we are alllll over the place, SFH, MF, MHP, and commercial!

I love this house and don’t want to lose it, I would like to add houses in the long term and build a portfolio. 

Navy also has a very long draw period, and long repayment period.  

Message me in a week if you can wait that long....or I can just share contact info and you can vet them on your own.