(You know you’re on the right track and you insure future leases end between March and July by varying the length of the new lease.)Good luck. 

I was very happy with the first management company and then widely disappointed based on the expectations that were set by the first one.  

Based on IRS Private Letter Rulings (PLR 200805012 and PLR 200901020), development rights can qualify as like-kind property for a 1031 exchange if they are considered interests in real estate under state law.

This is not uncommon and actual more typical as it is based on sales price and even though the first appraisal was $130k the new one gets reset based on its recent sale and home prices are not up 10% over a few months.You are going to have a hard time getting a lender to use other comps compared to this home as it recently sold.

In Phoenix, where I’m based, or in markets like San Antonio, the best realtors do more than just list properties.. they go “driving for dollars” to find oppurtunity, leverage their local networks (probate attorneys, CPAs, divorce attorneys) and carefully analyze each property’s cash flow.

This concerns me about the potential to maintain a solid tenant base and would likely cause a higher vacancy factor.

I've been allocating based on sf used all direct and indirect costs. 

Some lenders work with 220+ lenders and can really understand which lenders are best for you based on your situation. 

A potential challenge with a HELOCs is they are based on the current appraised value of your home, not the improved value, so you would need to make sure you have enough accessible equity.

So, we network and build, and then learn, based on our past experience, how to analyze more efficiently or how to shrink our buy box.