With thoughtful planning, you’ll be well on your way to building wealth and achieving your goals.Good luck! 

I appreciate the reminder as well that if the gain is fairly low then it may make more sense to just pay the capital gains taxes now versus 1031 exchange. 

Hey Themis - I used a similar strategy in my first year investing in Cleveland, focusing on the BRRRR method with SFRs, and it worked well.

I was thinking of starting a rent increase for my 1 bedroom tenant voucher due it being low and well under fair market value(Based on  hud and zip code) but my tenant is in the process of having a caretaker for her disability and getting approved for a two bedroom voucher.

This is such and awesome deal..very well done

If this keeps reciprocating well with the community, I'll keep doing them.

Since this is a post about our loan shop, I'll highlight that we are a small loan shop (30 employees), family-owned just trying to get more clients by placing their loans well and treating customers well.

I don't know how many BP members in active status down here near Northfield or further south but I would be interested in meeting them as well.

You will probably win when she doesn't show up, and while you will have a hard time getting the proceeds of the judgement, you can mess up a credit score pretty well with an unclaimed judgement.

Even if you go "vertical", that tends to require an architect as well.