@David Floyd tough love, not criticism here....Only a fool would own property in their personal name and think insurance is going to cover their risk exposure.

If you get a $440,000.00 value as you project, you need to pay the balance down to $352,000.00 3) I would also ask the lender of the 2nd home you bought to just remove the MI, you will have to have it appraised, but it looks like you would have the 20% equity to allow them to remove the MI. 

I am looking to connect with any flippers in the Columbus market who are professionals and have the capacity & desire to take on more deals. Please let me know if this is you, I would like to chat!Best, Dan 

Want to finish the outside concrete patio as one last large project and be done with improvements.Hindsight:  Should have went with a 3-4 unit place but just glad to get started. 

This project will run in the 3 million range.

I agree, its certainly tough to find great deals in FOCO nowadays.

Can be tough to line up a 1031 on a short sale since short sales are speculative and not guaranteed to be approved.

Because I'm raising this extra equity up front, my cash on cash returns are lower than I'd like in the early years even though my cap rate and project IRR are where I need them to be.2.

Project took too long.

So how do you know that your projected $25K Rehab will cover every possible CapEx item.