I guess I'm just worried because it eliminates one of my exit strategies (Selling) because I would owe more than it is worth technically.

@Dave Foster if you only do the 1031 exchange for the adjusted cost basis does that eliminate the tax liability? 

I would go with the FHA first because you plan to house hack it anyway because you are taking what is currently presumably your housing expense and reducing or eliminating it. 

My properties currently are managed by a property manager but I would like to move to managing them myself.How do you suggest I go about eliminating the management and introducing myself to the tenant and hopefully get them to re lease up again with me?

Also, some of the properties in Old Pearland was damaged by Harvey so there might be a further discount available.Is my thought process correct in eliminating Friendswood from my potential markets to invest in?

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Understand you can not eliminate all risk, only mitigate it.

You can file it at any point in the year and the adjustment will go against future taxes, sometimes eliminating the next few quarterly payments or more.

He seems to think there’s no creative way for Wells Fargo  to eliminate That particular line perhaps in favor of me giving an extra couple of percentage points when I sell the property for a profit.…… I kind of understand that… So my question for this form is That particular line perhaps in favor of me giving an extra couple of percentage points when I sell the property for a profit.…… I kind of understand that… So my question for this form isDoes anybody know a 30 year mortgage out there that is not FHA or anything to do with the government, that allows me to buy live in as my primary residence fix up and leave and sell before one year?

Eliminating heat as an expense should make this a good cash flowing building.

I would start in Louisville and start with a small multifamily that you could rent and live in one unit.You’ll almost eliminate your living expense, save a ton of money, learn how to purchase rentals, learn how to be a landlord and will also get in for around 5% down.In my opinion this is the best way to get started for so many reasons.Let me know if you want to talk or need any help.