We would love a town house that contain 2 or more bedrooms with a 2 car garage.

It looks great and neutral and everyone likes it.For bedrooms each house gets the exact same carpet.For plumbing, each house gets PEX plumbing.If we replace roof or windows, each house gets the same brand of shingles or windows.Each house also gets the same plumbing and electric fixtures.These are things that we don't even try to contemplate.If it is neutral and goes great in one house, it goes in every house.

I think my next best step would be to call investors that are from other cities and states. 4 bedroom 3 bath 1744 sqft.

IF you do qualify and you are looking to purchase a multifamily property, you can live in one of the units for at least a year (based on the FHA requirement but double check) while at the same time rent out the remaining units to acquire some cash flow.

should I buy double the amount of $50k homes, earn more on rentals now but take smaller returns on the sales?

Plans are approved for a 4 bedroom, 3 bath,  1760 SF home on a 7400 SF lot. 

I also don't know how he exactly intends to close - whether through assignment or double closing.

@Ron I'm not quite sure it's just speculating if I personally know people who have seen great double digit returns in the short-term.

I don't want to comment publicly, since we are working in the same town, but I could certainly give you some guidance that would double your profit on this rehab/flip.

One of my questions in my mind is how to find the right company for funding if i choose a double escrow or double close?