On the flip side, two-story homes provide more living space, greater design flexibility, and the potential for higher investment returns.

Alternatively, if your headache is entirely just from having to think about the property, maybe it would be better to pocket the potential $350k profit from the sale and move on.

Second: You will need C) Executory agreement (add clause that if you default on the payment, seller can take back ownership D) In addition, a purchase an sales agreement reflecting the subject to the existing mortgage note, under the seller's nameGet title insurance with the seller as a secondary in addition to the insurance already on the property.The purchase agreement reflecting both the equity payments and mortgage subject shall be executed and held deed to property, via this hybrid transaction be transferred into the buyer name..The deed, instead of being recorded at the registry, triggering a potential risk of a due on sale clause, shall be held in a mutual accessed safety deposit box along with the executory contract.

Make sure you've studied the market well in order to comprehend the demand for rentals and potential cash flow.It's a wise decision that you want to establish a connection with regional investors in the Houston area.

Hey Cody, if you're looking for cash-flowing deals with a low-entry point Dayton has potential.

Additionally, expanding your search beyond Fairfax to nearby areas with more affordable options could enhance your chances of finding better cash flow potential.

Investors need to accurately estimate renovation costs, rental potential, property values, and have the ability to refinance to ensure the strategy remains profitable.  

I have very little knowledge regarding the costs accompanied by this and therefore difficult to calculate deals/cash flow when assessing properties. 

Will get into rehabing, etc later on down the road potentially.

If you are working on wholesaling a property in probate, do you specify a potential closing date on the PSA or leave it open ended as "Upon probate approval"?