If a bank does this, they have no flexibility in their lending and must meet Fannie Mae's and Freddie Mac's requirements in each loan.

If yu claim one it doesn't void the option to claim the other one.Provided you meet the IRS requirements for both, as a tax strategy, you could complete exclude a portion of capital gains under Section 121 and then defer the remaining capital gains under Section 1031 (@Dave Foster is a great resource for 1031 exchange). ..

But definitely something I will read up on in case I come across an opportunity that might be useful with.yes, please DM me the full list of Chicago meet ups!

If you cant meet GPH you need to sprinkler the houses so add 8 to 12k per track house to the build cost and oh by the way we need starter houses..

@Venka Pulla It’s frustrating when a property manager isn’t meeting expectations, but transitioning to a new property manager is typically straightforward if you follow a few steps:Review the Management Agreement: Carefully read your current Property Management Agreement (PMA) to understand the termination process, including any required notice period.

I am completely new to the investing side and would love to find something to meet new people/learn as well as learn more about the city. 

And how can we align our approach to meet those expectations and improve our chances of securing financing?  

(The bulk of the problem is Nimby-ism and local regulations that prohibit sufficient building of new homes to meet demand.)

Quote from @Monish Anand: I own 3 SFH rentals currently but am looking at new markets and so I want to meet the best real estate agents at the markets I'm considering.

Love hearing your stories and perspectives  It was pretty cool meeting this young entrepreneur.. he made one post on BP looking for this kind of investors to help him and of course NOT many will do what I do..