How about this one?

来源: 2014-07-31 11:40:01 [旧帖] [给我悄悄话] 本文已被阅读:

1.SFH list price around $250000, next door just sold at price $347500 with updated kitchen and new deck.
2.closing price around $220000, 20% down pay, 7/1 ARM 3.25%
3.repair and paint $5000
4.plan to hold for two years, expect market price is above $300000
5.property tax is $8000
6.rental income is $1900 or more

Is this called flip or short term investment?