In your experience, is this a workable set of obligations? 

I also have a good HML that charges 12 percent, and that is workable for a buy and hold too.

That said, it could be workable and so I'd like some 2nd opionions before saying no.The house is in Fort WorthThis is a 3/2 840sf home built in 1946Property is rented at $550 monthlySeller wants no less than $38kARV Comps that I see in the area average about 52k.

Our current low interest rates are making deals that wouldn't have worked four years ago workable.

Staying north of the highway and east of E 156 is preferable and its even better to be as close as possible to either Waterloo or E 185th.My general impression of the neighborhoods around Harvard is areas in the E 150s blocks and higher are mostly stable, around the E 140s blocks is a little bit rougher but still workable, and the areas in much lowered numbers then that can be a lot more challenging.Earlier this week I was looking at a package of properties on behalf of an out of town investor that I work with.

Both directions are workable choices.

I would recommend that you read the 1031 articles here on bigger pockets to get a better sense of what you can and cannot do.The key point to remember on a 1031 exchange is that someone else will have to hold the money until it is reinvested.If you are trying to raise funds to pay taxes, the 1031 exchange is probably not a workable plan.Good Luck

I think it's awesome to figure out innovative ways to work guidelines to your advantage, but I don't see this one as workable. 

The price to rent is workable but tight unless you expect amazing appreciation

Hoping you can tell me if these are workable deals and which one might be better, and also what type of offers might be reasonable.