Which turns out to be double.

Double check with yours.

See Link below for BEFORE picture.6608 Benham BEFOREExisting Floor PlanNEW Floorplan

@Andrew Clark Always double check your rule of thumb with hard calculations.  

Does anyone have experience with Double closings and how they work?

Without making too many assumptions it might be best to take yourself out of the picture and look on as a third person.  

But in the big picture it could the right thing to do.  

The biggest hurdle for me is finding competent Realtors who will give you accurate comps and drive by the properties to take pictures.  

I learnt a lot about being very careful on how you qualify/disqualify applicants by using my criteria (and a scoring system-I think its makes it very clear cut, if they score X then they qualify, if they don't score X you can give the opportunity to score higher with a double deposit for example, except if there is an automatic disqualifier such as past eviction).

I'm aware that I'll have to do double closings to wholesale.