Tell them no on the pro rated rent and explain that you should not have to suffer a vacancy loss to assist in their home purchase.

Gray areas aren't ideal to play around with especially if they can have you end up in court for a few thousand dollars worth of gain (which would be a loss at that point).

Account Closedjust tell your friend that flipping is a gamble, and never gamble more than you can afford to lose. sounds like amateur in the deep end of the pool. needs to learn in the kiddie pool first.Terry Lao

The Total Annual Income is listed at $137,560, which I assume means they think that vacancy, loss-to-lease, bad debt, and concessions is only $5240.

I had just brought the property earlier in the year so I could not sell it before I moved.It has been 2 months but with the recent hail damage the tenant is mentioning that there are leaks in the roof.Currently I am at a loss on how to move forward.

If you are interested in selling, please give us a call at .........By the way, if you have experienced excessive expenses while owning this property, we can help you recoup some of your losses.

I'm feeling lucky, would buy a lottery ticket, but gambling without free drinks just feels wrong.

There is a lot of information on this site so definitely look around and read from other investors' wins and losses to learn through their experience.The two realtors I've seen do the best are @Jordan Moorhead and @Sam Steadman . 

Always prioritise making a profit otherwise real estate will be a major loss.

Without this large influx of cash it'd take you 10+ years saving 10% of your annual income to get to that amount and you're willing to gamble on a go big or go home mentality?