The 1031 exchange is a a very powerful tool that can be used in a diverse number of ways to leverage your real estate investing career.  

Half the agents I've called could not speak a word of English and either hung up on my or handed the phone to their husband/friend/cousin to translate.I'm not sure if the Spanish culture is as dense where you are.

Mt Airy is about 15 minutes outside Philadelphia, it is diverse, affordable and the realty is gentrification is occurring and we feel it is a great time to start our business.

@Christopher TellesYou are looking at about $5,000 per bathroom which would include labor and materials (demo of the old bath, new tub, new diverter and trim kit, new vanity with granite or cultured marble top, new sink faucet, new toilet, new tile surround, new tile floor, and lastly a towel / shower rod).

Just wondering because I am used to places that are more culturally mixed.

Obviously, tax planning/estate expenditure will also be driven by how much you wish to leave for heirs.If you do plan to sell, perhaps the time to do it, will be when your engineering income goes to zero to help minimize tax hit (and perhaps that is when you need cash).General retirement wisdom seems to be to keep 1-2 years cash (near cash) buffer of expenses... then you are less likely to have to sell in poor market conditions.I also like the diversity of fairly broad index funds and ETFs (costs can be as low as 0.05%).

Be very stern and have consequences for reoccurring action that affects the culture of the house negative.

There's a lot involved in it, ranging from lessons about the culture in the Philippines, what to expect from a great VA (and what to not expect!)

It got messy for a while before I achieved critical mass with payroll vs revenue but now we have quality control, internal training, great culture, and are able to innovate with great people. 

This creates an awesome culture and solid partners to execute deals.