:-D

@Alicia D. thanks for the kind words and empathy.

Your cash flow would be better with the d/p.

Thank you Tom V and & Manolo D for the helpful advice. 

-D

@Sandesh Sapre  I think the major issue with any SFR  rental or the one's that are presented turn key generally is they lack history.. its all supposition as to how well they will do.You may want to look at multi family that is established one's that have track record then you can see through tax returns and actual P and L's how they have done over a 2 or 3 year period... for SFR's its all about price point in a given market.. or the what folks like to call A B C D class properties.

A double closing or simultaneous, as we use d them, is where the middle man acts as a buyer with the selling owner at a settlement, then the middle man acts as a seller to the end buyer, there is no assignment of a contract as deeds are conveyed to the middle man and immediately the middle man deeds to the buyer, it all happens during one settlement.The issue with these arrangements is now that the middle man has no money, the funds used were from the real buyer and pass through to the seller, that means that the middle man didn't give the consideration of his purchase price and technically didn't purchase. 

Also walking past a few of these properties undergoing transformations yesterday I saw another problem that may not be a simple solution.

However, I still get a little confused when people refer to A/B/C/D neighborhoods.

Royal Oak is getting transformed right before our eyes.