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The good old days are gone for sure. I bought a townhouse in WPB, FL lived in it for two years and sold it for a 100% profit. From their I rented, with an option to buy, a bigger townhouse and before the option came due flipped it for a 60% profit. My friends told me I was crazy for renting but since I locked the option price in at the time the lease was signed it was like being paid to live there.
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