Count the advantages:

1) No overseeing repairs (No going over budget$$)

2) One lender not two (No hard-money lenders and 18% interest)

3) One set of closing costs (One Title Policy, escrow fee, etc.)

4) No need for builders risk insurance, go straight to Landlord policy

5) No redoing repairs because someone broke in and stole your copper, HVAC and waterheater

6) No vacant time (payments without rent)

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