If you have concerns, don't buy. 

(if I refi and pull out the equity it makes the CoC negative for the next 3-5 yrs)1031 option: sounds good, but I am concerned about finding the right property in the timeframe and my inexperience with this  creates risk.

If you have any questions or concerns about the Detroit market please feel free to chat with me.

Quote from @Erica Calella: I could see why you are concerned here, but if I was in your shoes, I'd try hold out as long as possible before jumping ship. 

The XIRR() fn works fine in the existing examples from the accompanying spreadsheet. 

.: I don't understand why that's a concern.

I have different strategies in mind but my main concern is if I should start an LLC now or after I buy a few properties?

Originally posted by @Jay Hinrichs:@Bruce Petersen   @Mindy Jensen  Mindy I think Bruce would be excellent at this time.. as so many are concerned or wondering if Multi is just too frothy right now.. it would be a bet a nice show for your audience to be able to hear his thoughts on the current market and trends.

Yes, an entity can be appointed as attorney-in-fact for an individual.My concern about the above... an attorney-in-fact depositing the funds of the principal into their own account would be an obvious breach of fiduciary duty.

Here’s a recap of key points.Slower growth in prices and rents: Florida is expected to experience slower appreciation or even declines, affecting short-term returns for investors.Affordability challenges: While affordability remains an issue, the primary concerns are rising expenses and increased supply.Increase in new inventory: Florida is experiencing a significant rise in new housing inventory, contributing to oversupply.