All is not as it seems over there, so you need to really understand before you dive in.The Bishop Arts district is close by.

In both FL & TX there are rather liberal homestead exemptions for personal residences of people in BK.

Older community type apartments with seniors the tenants stay forever but you can't raise the rent as much because they are on very strict incomes.There is an art to extracting the most rent while keeping turnover as low as possible and quality tenants as long as possible.

In a more liberal venue (like Dallas County), a judge might have said, "Well, what's it hurt to delay the hearing a little bit."

So for example, a taxpayer that lost timberland property used for logging could not replace that property with a parking lot and qualify for non-recognition under Section 1033.Property that has been condemned enjoys more liberal treatment, and instead of being judged by the “similar or related in use” standard, is determined by expansive definition of like-kind similar to that of Section 1031.

There close to down town, bus lines an art school, restaurants its a popular area.Would the best move after the refinance, to hold them until they reach the $120,000 value, then do a 1031 and move on to something different?

@Sherrie P.Vacation rentals can be quite lucrative whether they are on the water or not.One caution about waterfront they are re-drawing the flood plains zones around here and are quite liberal.

We would generally aim for $80k+ on this purchase price, and have a solid rehab estimate.Be liberal with cost estimates, and conservative with comps and profit expectations.Andrew

In Philadelphia, it's 6 hours after the last snowfall, then they get into path widths as well.As far as when and how often, that's half art and half science.

Caulk at some point will mold or need to removed which creates more O&M.Caulking is a art and most properties we buy there is a lot of time spent removing horrible caulk jobs.