The neighborhood has been flourishing, making this incident highly unusual.What initially drew me to the property was the potential for high rent and strong cash flow.

Option 3: Pay large down-payment on modest rent ready house. 

The other nice benefit of 100% VA disability is that you pay NO PROPERTY TAX on your primary residence.  

@Eric SmithGenerally, if the taxpayer sells the relinquished property to an unrelated party, the taxpayer generally cannot acquire replacement property from a related party unless:The related party is also participating in a 1031 exchange.The related party pays more in tax on the sale to the taxpayer than the taxpayer is deferring in the exchange (this scenario is rare).Let’s look who is considered a related party: Spouse, children, grandchildren, parents, and siblings.Corporations and shareholders owning more than 50%.Commonly controlled corporations.Partnerships and partners with more than 50% interest.Trustees, grantors, and trust beneficiaries.Non-Related Parties:In-laws.Aunts, uncles, nephews, nieces.Friends.Domestic partners.Entities owned 50% or less by the taxpayer or a related party.In your case, your mother-in-law, aunts, and cousins are not considered related parties to you under the definitions in Sections 267(b) and 1031(f).

as long as you understand that this is just initiation for joining a club with various and sundry real estate information .. nothing wrong with it for the cost of 3k ..

Second, if you want a nice house in a nice part of town, you will have to pay for it, so will likely need to raise your purchase price.Third, if you want to go off-market, just know you are trading a lot of time for the possibility of maybe finding a deal.  

Focus on paying them off (smallest to largest), and you'll be living large in 20 years.

But since I'm dumb when it comes to such I may forever pay the price.  

If your situation hasn't changed much, it might not be worth paying more for premier.

Initially, our plan was to fix the drywall leaks, clean out the property, and relist it for a small profit.