Hi,I'm about to close on a property in Seattle area. The property is 3B1B and I plan to add an extra bathroom it 3B2B. However the layout is not very straightforward (like below). I should add that there's stairs to t...

You still make some decisions, can exit again at will again using the 1031 rather than being tied up for 7-10. 

No decision so far.Personally, I think the real logic of the FCAs review is to force investors into REITs if the investors really want liquidity.

Make a decision and move forward.Don’t make things a bigger deal than they are.What do you think about the garage door color?

Management is free to make whatever decisions they think are in their best interest… hopefully that consideration extends down to the LPs, and usually they do.  

Portfolio loans analyze the property's cash flow, whereas asset-based lenders make decisions based on rental property cash flow.

Strategic land acquisition is crucial for large-scale development projects, and having a clear vision for the property's future use helps guide decision-making.

The investors with no experience and no money who want to buy real estate go down rabbit holes that lead to misguided real estate advice and bad investment decisions.  

If you can own the property and pay a similar amount for a similar lifestyle, it's probably a good decision (assuming you can afford it if it doesn't go perfectly, needs repairs, etc.)With house hacking the rule of thumb is: The more uncomfortable you're willing to live, the better the numbers will be.

Holding onto it is a smart decision, and you're entering property investing in a solid position.To get started, focus on ensuring that the rental income will cover your mortgage, taxes, insurance, and any maintenance costs, leaving room for profit.