., FTC, FBI for the last couple of years doesn't mean you are "in the clear".

My last note would be to try to buy 3 or less replacement properties, it makes the exchange much easier and you avoid some additional rules.

They pointed out all the things the last company did wrong, and gave me a quote for $4000.

One last tip look at homes for rent on Zillow.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

So in my mind it would be best used as a last move into a REIT you never sell.  

CO Tenant Screening Laws have changed a lot over the last couple years.

My company has gone through 3 dishwashers in the last 12 months and it has been an added expense.

I went back to Memphis last year for the first time in six years to find all is as advertised with very minor exceptions.We have picture inspections done every four months, cost $75, because I'm a trust but verify guy.Good people, good service.   

The only “good news” is you’re paying for last year’s shortage and thsi year’s taxes, or this year’s shortage and next year’s escrow account.