So your question translates to “how do I find / seek cash flowing properties.” 

To protect yourself, you need a specialist.Just like you wouldn’t go to a cardiologist for a brain injury, you shouldn’t rely on a real estate lawyer for loan docs – unless this is their specialty.

Things like that are often challenging to translate exactly to a rental calculator if you are not quite sure how to input these details. 

Both those large projects aren't relying upon local jobs but city jobs.  

Hi @Mary Chen, If we are utilizing a 1031 exchange on the sale of this property the expenses you incur for repairs wouldn't necessarily fully translate to cash in hand at closing without potential tax burdens.

There are two things that give me pause in trying to recreate our original success.1- Location, location, location... and how that translates into occupancy. 

Smaller cities may rely too much on a single business or market segment.

Persons may rely on Regulation Z in determining whether the exemption applies.All versions of 12 CFR Part 1024 (Regulation X) | Consumer Financial Protection BureauView the current, previous, and future versions of 12 CFR Part 1024 (Regulation X).

So that translates to 3-4 transactions per agent per year.

The information contained in this post is not to be relied upon.