There are so many other expenses to take into account but your quick and dirty method kept you out of a mess.

I think you should ask the seller last time what does it take ($) to sign the contract or you can tell her best you can do is offer say $60K with quick closing as condition. 

It quickly went from he's done thousands of rehabs to he refers you to Oceanpointe. 

I have a quick question starting out, I'm currently traveling until the 27th and so it's been a bit challenging to tune into any webinars that I've been interested in.

@Andrew Fredrickson, Quick question for you...when you say "Engage more on the BP forums," as a newer and inexperienced investor, I have a hard time feeling like I can contribute much to a post, and I don't always want to pose questions.

Currently we have two properties (one rented one we are fixing and living in) and we are interested in starting the process to franchise a quick service restaurant.

I've had properties that I intended to be a quick flip that ended up with good tenants so I held on to them for at least a year for tax purposes. 

Not only was this project quick with little risk but we are also helping the demand for affordable housing here in Denver. 

Currently we have two properties (one rented, one we are fixing and living in) and we are interested in starting the process to franchise a quick service restaurant.

Why not just follow Tom McElroy’s tax advice from rich dad books & ignore all middle class savings tools including IRA’s, 401ks etc.